$49,000
5.80 Acres
Land
Rhett Blount, Listing Office: DRB Realty & Properties LLC
Is Swainsboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Swainsboro has remained a Seller's Market.
Key Takeaway
Swainsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swainsboro, GA
How much do homes in Swainsboro, GA cost?
Median Sold Price
$189,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,000(+13.2%)
Key Takeaway
Homes in Swainsboro have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Swainsboro was $189,000 in November 2024, up 13.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.9K | $117.5K | +30.7% |
| 2 Bedrooms | $102.7K | $93.7K | -8.8% |
| 3 Bedrooms | $142K | $195K | +37.3% |
| 4 Bedrooms | $212.5K | $210.5K | -0.9% |
| 5+ Bedrooms | $251K | $149.5K | -40.4% |
Summary: Swainsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 37.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 40.4%.
Housing Supply in Swainsboro, GA
How many homes are available in Swainsboro, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Swainsboro real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Swainsboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swainsboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Swainsboro in November 2024, up by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Swainsboro, GA
How long does it take to sell a home in Swainsboro, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +94.7% |
Summary: Homes in Swainsboro had an average of 51 days on market in Nov 2024, up by 94.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Swainsboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Swainsboro; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
