Is Sylvester, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sylvester is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sylvester was a Seller's Market.

Key Takeaway

Sylvester 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 Sylvester, GA

How much do homes in Sylvester, GA cost?

Median Sold Price

$300,000

$121/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,000(+2.7%)

Key Takeaway

Homes in Sylvester have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Sylvester was $300,000 in October 2024, up 2.7% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$300K
N/A
4 $292K-
N/A
5+ --
N/A

Summary: Sylvester housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sylvester, GA

How many homes are available in Sylvester, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Sylvester real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 36
+100.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Sylvester 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 100%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sylvester, 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 Sylvester in October 2024, down by 50.0% 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 Sylvester, GA

How long does it take to sell a home in Sylvester, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
128 Days64 Days-50.2%

Summary: Homes in Sylvester had an average of 64 days on market in Oct 2024, down by 50.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sylvester has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Sylvester; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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