The Median price for homes in Scottdale, GA is $315,000 Skip to main content

The Median price for homes in Scottdale, GA is $315,000

Homes for Sale in Scottdale, GA

graph of Median prices of houses for sale in scottdale,ga

Growing up in Scottdale, GA, I've seen how our local housing market changes over time. Recently, our family home, a cherished part of my childhood, underwent a remarkable transformation. Sold for $300,000, it was renovated with care and then proudly listed on the market for $525,000. The purpose of this article is to explore the dynamics of Scottdale's Housing market.

                                             

510 Glendale Rd Scottdale, before renovation
My family's 5-bedroom  home sold for 300K.

                                                                     

510 Glendale Rd.,After it was sold and renovationed
Today my family's home is listed @ 525K after the buyers renovated it.

Our community's housing market is renowned for its competitiveness, presenting both challenges and opportunities for potential buyers and sellers alike. Drawing insights from December 2023 data, let's unravel the significant trends shaping the current landscape.

Key Metrics:

Median Sale Price:

In the past month, the median sale price for homes in Scottdale hovered at $315,000, signaling a notable decrease of 33.4% compared to the previous year.

Price Per Square Foot:

Each square foot of Scottdale real estate commands a median price of $239, reflecting a slight dip of 2.4% since last year.

Market Activity:

Days on Market:

Homes are now spending an average of 42 days on the market before finding new owners, a significant improvement from the 102 days recorded just a year ago.

Number of Homes Sold:

In December 2023, a total of 9 homes changed hands, marking a decline from the 16 homes sold during the same period in the previous year.

Map of Scottdale inbound & outbound migration trends

What this means to you

The decrease in the median sale price may suggest a shift towards a buyer's market, potentially offering favorable opportunities for those considering investing in Scottdale real estate. Meanwhile, the shorter time on the market indicates heightened demand, though the reduced number of homes sold could be influenced by various market dynamics.

With current conditions favoring affordability, buyers might find this an opportune time to secure their dream home. Sellers, on the other hand, stand to benefit from the swift turnaround in selling times, indicative of an active and responsive market.

In conclusion, Scottdale's housing market, though competitive, offers a dynamic landscape ripe with opportunities for both buyers and sellers. Whether you're embarking on the journey of homeownership or considering listing your property, staying informed about Scottdale's housing market trends is key to navigating a successful and fulfilling real estate venture.Listed below are the top 5 sites to find houses for sale in Scottdale, GA


5 Top Sites to Find houses for sale in Scottdale,ga

Zillow

Explore the vibrant real estate market on Zillow. Discover a wide range of listings, from cozy starter homes to spacious family residences. With detailed property information, photos, and virtual tours, finding your dream home has never been easier. Whether you're searching for a quaint bungalow or a modern condominium, Zillow offers comprehensive tools to help you navigate the housing market with confidence.

Realtor.com

Begin your journey to finding the perfect home with Realtor.com. Explore a diverse selection of properties, including single-family homes, townhouses, and luxury estates. With up-to-date listings and expert guidance from local real estate professionals, you can make informed decisions about your next investment. Whether you're a first-time homebuyer or looking to upgrade, Realtor.com offers resources to simplify your search for homes.

Redfin.com

Dive into the real estate market with Redfin, your trusted source for listings, tours, and expert advice. Discover a variety of homes for sale, from historic gems to contemporary residences, all conveniently located. With interactive maps, neighborhood insights, and responsive customer support, Redfin empowers you to find the perfect property that meets your needs and preferences. Start your search for homes today with Redfin.

Trulia.com

Experience the charm with Trulia's comprehensive real estate listings. Browse through a diverse range of homes, apartments, and condos in the most desirable neighborhoods. With intuitive search filters, neighborhood information, and affordability calculators, Trulia makes it easy to find the ideal home that fits your budget and lifestyle. Whether you're looking for a cozy retreat or a spacious family home, Trulia has the tools to help you find your perfect match.

Movoto.com

Embark on your real estate journey with Movoto. Discover a plethora of homes for sale, ranging from quaint cottages to contemporary residences, all nestled within the vibrant community. With detailed property descriptions, high-quality photos, and personalized search options, Movoto provides a seamless homebuying experience. Whether you're a first-time buyer or seasoned investor, Movoto offers the resources and support you need to find your dream home.





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