Is Fort Valley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Fort Valley was a Seller's Market.
Key Takeaway
Fort Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Valley, GA
How much do homes in Fort Valley, GA cost?
Median Sold Price
$150,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fort Valley have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Fort Valley was $150,000 in May 2024, down 5.1% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | - | $183.9K | N/A |
| 3 Bedrooms | $154.5K | $145K | -6.1% |
| 4 Bedrooms | $193.5K | $160K | -17.3% |
| 5+ Bedrooms | $313K | $273K | -12.8% |
Summary: Fort Valley housing prices by bedroom type for May 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 decreased by 6.1%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 12.8%.
Housing Supply in Fort Valley, GA
How many homes are available in Fort Valley, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 56 | 67 | +19.6% |
Summary: The Fort Valley real estate market had 67 homes for sale in May 2024, a 19.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 31 | 39 | +25.8% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Fort Valley 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 increased by 25%, 3 bedroom homes increased by 25.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Fort Valley in May 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Fort Valley, GA
How long does it take to sell a home in Fort Valley, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 25 Days | -36.9% |
Summary: Homes in Fort Valley had an average of 25 days on market in May 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Valley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Fort Valley; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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.