$4,750 Closing Credit*
$400,000
2,440 SqFt
4 Beds
•3 Full Baths
Listing Office: LPT Realty LLC
Is Varnell, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Varnell has remained a Seller's Market.
Key Takeaway
Varnell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Varnell, GA
How much do homes in Varnell, GA cost?
Median Sold Price
$405,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$155,000(+62.0%)
Key Takeaway
Homes in Varnell have sold for 62% more than they did a year ago.
Summary: The median home sold price in Varnell was $405,000 in October 2024, up 62% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | - | $169.9K | N/A |
| 3 Bedrooms | $235K | $335.1K | +42.6% |
| 4 Bedrooms | $419.9K | $405K | -3.5% |
| 5+ Bedrooms | $610K | $532K | -12.8% |
Summary: Varnell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 42.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Varnell | $250K | $405K | +62.0% |
| North Whitfield | $319.9K | $349K | +9.1% |
Housing Supply in Varnell, GA
How many homes are available in Varnell, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 3 | -78.6% |
Summary: The Varnell real estate market had 3 homes for sale in October 2024, a 78.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 1 | -90.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Varnell 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 decreased by 100%, 3 bedroom homes decreased by 90.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
Asking Price vs. Sold Price
0 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 Varnell, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Varnell in October 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Varnell, GA
We’re sorry, we don't have information for this market at the moment
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