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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valdosta is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Valdosta was a Neutral Market.

Key Takeaway

Valdosta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Valdosta, GA

How much do homes in Valdosta, GA cost?

Median Sold Price

$270,000

$154/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$46,000(+20.5%)

Key Takeaway

Homes in Valdosta have sold for 20.5% more than they did a month ago.

Summary: The median home sold price in Valdosta was $270,000 in November 2024, up 20.5% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $106K-
N/A
3 $210K$205K
-2.4%
4 $322.4K$295.9K
-8.2%
5+ -$330K
N/A

Summary: Valdosta housing prices by bedroom type for November 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 decreased by 2.4%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.

Housing Supply in Valdosta, GA

How many homes are available in Valdosta, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4850+4.2%

Summary: The Valdosta real estate market had 50 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2526
+4.0%
4 1415
+7.1%
5+ 66
0.0%

Summary: The Valdosta 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 remained the same, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valdosta, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Valdosta in November 2024, up by 62.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Valdosta, GA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
37 Days71 Days+92.7%

Summary: Homes in Valdosta had an average of 71 days on market in Nov 2024, up by 92.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Valdosta; 23% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% 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 21 Days Ago

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