Is The Village / Rio / Armstrong, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Village / Rio / Armstrong is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, The Village / Rio / Armstrong was a Seller's Market.

Key Takeaway

The Village / Rio / Armstrong is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Village / Rio / Armstrong, GA

How much do homes in The Village / Rio / Armstrong, GA cost?

Median Sold Price

$176,000

$189/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$71,500(-28.9%)

Key Takeaway

Homes in The Village / Rio / Armstrong have sold for 28.9% less than they did a month ago.

Summary: The median home sold price in The Village / Rio / Armstrong was $176,000 in October 2024, down 28.9% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $154K$145K
-5.8%
2 $220K$207K
-5.9%
3 $299.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: The Village / Rio / Armstrong housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Village / Rio / Armstrong, GA

How many homes are available in The Village / Rio / Armstrong, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The The Village / Rio / Armstrong real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 57
+40.0%
2 52
-60.0%
3 1110
-9.1%
4 13
+200.0%
5+ 00
0.0%

Summary: The The Village / Rio / Armstrong housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Village / Rio / Armstrong, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Village / Rio / Armstrong in October 2024, down 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 The Village / Rio / Armstrong, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in The Village / Rio / Armstrong, GA

Nearby Markets to The Village / Rio / Armstrong, GA

MLS Disclaimers and Copyright

Based on information from Savannah Multi-List Corporation, and Georgia MLS for the period 09/01/2024 - 11/01/2024

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Georgia