Is Statham, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Statham has remained a Seller's Market.
Key Takeaway
Statham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Statham, GA
How much do homes in Statham, GA cost?
Median Sold Price
$395,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Statham have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Statham was $395,000 in May 2024, up 9.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201K | $225K | +11.9% |
| 3 Bedrooms | $289.5K | $326K | +12.6% |
| 4 Bedrooms | $375K | $400K | +6.7% |
| 5+ Bedrooms | $572.4K | $814.4K | +42.3% |
Summary: Statham 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 increased by 11.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 42.3%.
Housing Supply in Statham, GA
How many homes are available in Statham, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 133 | 123 | -7.5% |
Summary: The Statham real estate market had 123 homes for sale in May 2024, a 7.5% decrease 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 69 | 62 | -10.1% |
| 5+ Bedrooms | 36 | 34 | -5.6% |
Summary: The Statham 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 33.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 31 | -13.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Statham, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Statham in May 2024, down by 13.9% month-over-month. Of the 31 sold homes, 29% were sold under asking, 26% were sold at asking, and 45% were sold over asking.
Days on Market for Statham, GA
How long does it take to sell a home in Statham, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 41 Days | -14.6% |
Summary: Homes in Statham had an average of 41 days on market in May 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Statham are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Statham; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.