$511 Closing Credit*
$43,013
1,404 SqFt
2 Beds
•1 Full Bath, 1 Partial
Labrescia Dawson, Listing Office: Dawsons Rlty. & Mortgages, Inc
Is Sylvania, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sylvania was a Buyer's Market.
Key Takeaway
Sylvania is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sylvania, GA
How much do homes in Sylvania, GA cost?
Median Sold Price
$210,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+5.0%)
Key Takeaway
Homes in Sylvania have sold for 5% more than they did a year ago.
Summary: The median home sold price in Sylvania was $210,000 in November 2024, up 5% 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 | - | $90K | N/A |
| 2 Bedrooms | $83K | $180K | +116.9% |
| 3 Bedrooms | $180K | $204.9K | +13.9% |
| 4 Bedrooms | $245K | $295.5K | +20.6% |
| 5+ Bedrooms | $349.9K | $415K | +18.6% |
Summary: Sylvania housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 116.9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 20.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Summary: The Sylvania real estate market had 34 homes for sale in November 2024, a 21.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 16 | 22 | +37.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sylvania housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sylvania, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sylvania in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 108 Days | +300.0% |
Summary: Homes in Sylvania had an average of 108 days on market in Nov 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were 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 November 2024, 5 homes were sold in Sylvania; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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