$5,106 Closing Credit*
$430,000
980 SqFt
2 Beds
•1 Full Bath
Michael Topor, Listing Office: Weichert, Realtors - The Collective
Is Virginia Highland, 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, Virginia Highland has remained a Seller's Market.
Key Takeaway
Virginia Highland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Virginia Highland, GA
How much do homes in Virginia Highland, GA cost?
Median Sold Price
$650,000
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$162,500(-20.0%)
Key Takeaway
Homes in Virginia Highland have sold for 20% less than they did a year ago.
Summary: The median home sold price in Virginia Highland was $650,000 in October 2024, down 20% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $268K | $290K | +8.2% |
| 2 Bedrooms | $415K | $536.5K | +29.3% |
| 3 Bedrooms | $904.5K | $900K | -0.5% |
| 4 Bedrooms | $1.3M | $1.2M | -8.2% |
| 5+ Bedrooms | $1.9M | $1.9M | 0.5% |
Summary: Virginia Highland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 29.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Virginia Highland, GA
How many homes are available in Virginia Highland, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 62 | +8.8% |
Summary: The Virginia Highland real estate market had 62 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 28 | +86.7% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Virginia Highland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 86.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Virginia Highland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Virginia Highland in October 2024, down by 21.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Virginia Highland, GA
How long does it take to sell a home in Virginia Highland, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 36 Days | -2.9% |
Summary: Homes in Virginia Highland had an average of 36 days on market in Oct 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Virginia Highland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Virginia Highland; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.