$4,334 Closing Credit*
$364,990
1,597 SqFt
4 Beds
•3 Full Baths
Christopher P. Roussin, Listing Office: DFH Realty Georgia LLC
Is The Village / Rio / Armstrong, 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, The Village / Rio / Armstrong was a Buyer's Market.
Key Takeaway
The Village / Rio / Armstrong is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Village / Rio / Armstrong, GA
How much do homes in The Village / Rio / Armstrong, GA cost?
Median Sold Price
$225,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+12.5%)
Key Takeaway
Homes in The Village / Rio / Armstrong have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in The Village / Rio / Armstrong was $225,000 in November 2024, up 12.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $150K | +7.1% |
| 2 Bedrooms | $202.5K | $210K | +3.7% |
| 3 Bedrooms | $265K | $339.2K | +28.0% |
| 4 Bedrooms | $453.7K | $359K | -20.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: The Village / Rio / Armstrong housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 28%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Wilshire Estates / Savannah Mall / Tranquilla Woods | $227.5K | $257.5K | +13.2% |
| The Village / Rio / Armstrong | $200K | $225K | +12.5% |
| Windsor Forest | $305K | $325K | +6.6% |
Housing Supply in The Village / Rio / Armstrong, GA
How many homes are available in The Village / Rio / Armstrong, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The The Village / Rio / Armstrong real estate market had 30 homes for sale in November 2024, a 36.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Village / Rio / Armstrong housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Village / Rio / Armstrong, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in The Village / Rio / Armstrong in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for The Village / Rio / Armstrong, GA
How long does it take to sell a home in The Village / Rio / Armstrong, GA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Village / Rio / Armstrong has remained consistent over time.
Summary: During November 2024, 6 homes were sold in The Village / Rio / Armstrong; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
