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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danielsville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Danielsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Danielsville, GA

How much do homes in Danielsville, GA cost?

Median Sold Price

$290,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$4,300(+1.5%)

Key Takeaway

Homes in Danielsville have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Danielsville was $290,000 in May 2024, up 1.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $200K$145K
-27.5%
2 $160K$235K
+46.9%
3 $250K$264.7K
+5.9%
4 $319.9K$329.9K
+3.1%
5+ $465K$530K
+14.0%

Summary: Danielsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.5%, 2 bedroom homes increased by 46.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 14%.

Housing Supply in Danielsville, GA

How many homes are available in Danielsville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3234+6.3%

Summary: The Danielsville real estate market had 34 homes for sale in May 2024, a 6.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1820
+11.1%
4 1011
+10.0%
5+ 00
0.0%

Summary: The Danielsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danielsville, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Danielsville in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Danielsville, GA

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

Average Sale Time

May 2023May 2024CHANGE
22 Days15 Days-31.7%

Summary: Homes in Danielsville had an average of 15 days on market in May 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Danielsville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Danielsville; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

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