$3,563 Closing Credit*
$300,000
1,112 SqFt
2 Beds
•2 Full Baths
Vicki Morris, Listing Office: Georgia West Realty Inc
Is Villa Rica, 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, Villa Rica was a Seller's Market.
Key Takeaway
Villa Rica is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Villa Rica, GA
How much do homes in Villa Rica, GA cost?
Median Sold Price
$322,482
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,482(+0.8%)
Key Takeaway
Homes in Villa Rica have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Villa Rica was $322,482 in November 2024, up 0.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $190K | +15.2% |
| 2 Bedrooms | $167.5K | $205K | +22.4% |
| 3 Bedrooms | $287.3K | $292K | +1.6% |
| 4 Bedrooms | $359.9K | $349.9K | -2.8% |
| 5+ Bedrooms | $435K | $458.9K | +5.5% |
Summary: Villa Rica housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Villa Rica | $320K | $322.4K | +0.8% |
| Winston | $345K | $341.5K | -1.0% |
Housing Supply in Villa Rica, GA
How many homes are available in Villa Rica, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 383 | 408 | +6.5% |
Summary: The Villa Rica real estate market had 408 homes for sale in November 2024, a 6.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 147 | 150 | +2.0% |
| 4 Bedrooms | 130 | 149 | +14.6% |
| 5+ Bedrooms | 82 | 85 | +3.7% |
Summary: The Villa Rica 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 2%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Villa Rica, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Villa Rica in November 2024, up by 8.9% month-over-month. Of the 45 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Villa Rica, GA
How long does it take to sell a home in Villa Rica, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 44 Days | -5.3% |
Summary: Homes in Villa Rica had an average of 44 days on market in Nov 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Villa Rica has remained consistent over time.
Summary: During November 2024, 49 homes were sold in Villa Rica; 43% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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