$3,266 Closing Credit*
$275,000
1,652 SqFt
3 Beds
•2 Full Baths
Blake Keathley, Listing Office: EveryState
Is Sylvan Hills, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sylvan Hills was a Seller's Market.
Key Takeaway
Sylvan Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sylvan Hills, GA
How much do homes in Sylvan Hills, GA cost?
Median Sold Price
$307,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,000(+2.3%)
Key Takeaway
Homes in Sylvan Hills have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Sylvan Hills was $307,000 in October 2024, up 2.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $192.5K | $212K | +10.1% |
| 3 Bedrooms | $279K | $325K | +16.5% |
| 4 Bedrooms | $382K | $339K | -11.3% |
| 5+ Bedrooms | $464.9K | $429K | -7.7% |
Summary: Sylvan Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in Sylvan Hills, GA
How many homes are available in Sylvan Hills, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Summary: The Sylvan Hills real estate market had 52 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 30 | 35 | +16.7% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sylvan Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sylvan Hills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Sylvan Hills in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Sylvan Hills, GA
How long does it take to sell a home in Sylvan Hills, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 58 Days | +272.2% |
Summary: Homes in Sylvan Hills had an average of 58 days on market in Oct 2024, up by 272.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sylvan Hills has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Sylvan Hills; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.