$1,900 Closing Credit*
$160,000
872 SqFt
2 Beds
•1 Full Bath
Ryan M. Feller, Listing Office: Veterans Realty LLC
Is Sylvania, 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, Sylvania was a Seller's Market.
Key Takeaway
Sylvania is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sylvania, GA
How much do homes in Sylvania, GA cost?
Median Sold Price
$199,950
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,950(+2.5%)
Key Takeaway
Homes in Sylvania have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Sylvania was $199,950 in October 2024, up 2.5% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $91.5K | $190K | +107.7% |
| 3 Bedrooms | $180K | $195K | +8.3% |
| 4 Bedrooms | $276.7K | $277K | 0.1% |
| 5+ Bedrooms | $349.9K | $415K | +18.6% |
Summary: Sylvania 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 107.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in Sylvania, GA
How many homes are available in Sylvania, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Sylvania real estate market had 29 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sylvania housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sylvania, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sylvania in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sylvania, GA
How long does it take to sell a home in Sylvania, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 127 Days | +147.1% |
Summary: Homes in Sylvania had an average of 127 days on market in Oct 2024, up by 147.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Sylvania are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Sylvania; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
