Summerville, GA

Buyer's market-34.7% YoY

Housing market overview · Updated weekly

$80,000median sale price

Homes sold

3

Last 12 weeks

Days on market

22

Average pace

Active listings

17

5.7 months supply

Sale-to-list

94.5%

Below asking

The Summerville housing market is currently classified as a buyer's market with a median sale price of $80,000. Prices have fallen 34.7% compared to last year, with homes spending an average of 22 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Summerville

There are currently 17 homes listed for sale in Summerville, Georgia. The median listing price is $137K.

Active listings

17

Homes on market

Median list price

$137K

Avg. days on market

22

Days until sale

New this week

7

Newly listed

Price drops:11.8%of listings
Sale-to-list:94.5%

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Frequently asked questions

What is the average home price in Summerville?

The median home sale price in Summerville is $80,000, down 34.7% from last year.

How long do homes stay on market in Summerville?

Homes typically spend 22 days on market before going under contract.

Is Summerville a buyer's or seller's market?

With 5.7 months of supply, Summerville is currently a buyer's market.

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