New - 9 hours on Rocket
$4,153 Closing Credit¹
Amanda Cole, Listing Office: Twig Nest Company
Sugar Hill Housing Market Report December 2024•Gwinnett County, Georgia
Housing Prices in Sugar Hill, GA
How much do homes in Sugar Hill, GA cost?
Housing Market Conditions
Is Sugar Hill, GA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sugar Hill is a Seller's Market
Difference Since December 2023
Since last year, Sugar Hill has remained a Seller's Market.
Insight
Sugar Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$462,983$203/SqFt
+$32,983
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in Sugar Hill have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Sugar Hill was $462,983 in December 2024, up 7.7% from last year, and the median price per square foot was $203.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Buford-Sugar Hill | $460.6K | $500.6K | +8.7% |
| Suwanee | $585.9K | $634.1K | +8.2% |
| Suwanee-Duluth | $490.4K | $528.5K | +7.8% |
| Sugar Hill | $430K | $462.9K | +7.7% |
| Buford | $475K | $499.3K | +5.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $300K | $279K | -7.0% |
| 33 Bedrooms | $360K | $385K | +6.9% |
| 44 Bedrooms | $449K | $475K | +5.8% |
| 55+ Bedrooms | $616.9K | $699.4K | +13.4% |
Summary: Sugar Hill housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -7.0%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes increased by +13.4%.
Housing supply in Sugar Hill, GA
How many homes are available in Sugar Hill, GA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 120Last MonthDec 2024 | ||
| 1472 months agoNov 2024 | -18.4 % Change MoMNov – Dec |
Summary: The Sugar Hill real estate market had 120 homes for sale in Dec 2024, a 18.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthDec 2024 | ||
| 392 months agoNov 2024 | -35.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 4 | -20.0% |
| 33 Bedrooms | 62 | 45 | -27.4% |
| 44 Bedrooms | 45 | 42 | -6.7% |
| 55+ Bedrooms | 35 | 29 | -17.1% |
Summary: Sugar Hill housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -27.4%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes decreased by -17.1%.
Asking Price vs. Sold Price
How much do homes in Sugar Hill, GA cost?
Over Asking Price4 Homes
At Asking Price9 Homes
Under Asking Price12 Homes
Insight
If you're buying a home in Sugar Hill, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Sugar Hill in December 2024, down by 35.9% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and and 16% were sold over asking.
Days on Market for Sugar Hill, GA
How long does it take to sell a home in Sugar Hill, GA?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days12 Homes
Over 90 Days1 Home
Insight
Many homes in Sugar Hill are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in Sugar Hill; 48% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 39 DaysThis YearDec 2024 | ||
| 37 Days1 year agoDec 2023 | +5.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Sugar Hill had an average listing age of 39 days in Dec 2024, up by 5.2% compared to the previous year.
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Newest Listings in Sugar Hill, GA
What homes are available in Sugar Hill, GA?
New - 3 days on Rocket
$5,166 Closing Credit¹
Marianne Fenno, Listing Office: Keller Williams Realty Atl. Partners
New - 4 days on Rocket
$4,376 Closing Credit¹
Whitney Black, Listing Office: Virtual Properties Realty.com
New - 4 days on Rocket
$4,156 Closing Credit¹
Mark Spain, Listing Office: Mark Spain Real Estate
New - 6 days on Rocket
$8,265 Closing Credit¹
Cheryl Orielly, Listing Office: Your Home Sold Guaranteed Realty, LLC.
New - 6 days on Rocket
$5,890 Closing Credit¹
Cheryl Orielly, Listing Office: Your Home Sold Guaranteed Realty, LLC.
$4,749 Closing Credit¹
Ken Guillen, Listing Office: Virtual Properties Realty.com
$4,749 Closing Credit¹
Ken Guillen, Listing Office: Virtual Properties Realty.com
$6,828 Closing Credit¹
Laura Smith, Listing Office: Keller Williams Chattahoochee
$3,859 Closing Credit¹
Mariajensenya Caballero, Listing Office: Compass Georgia, LLC
$4,036 Closing Credit¹
Martha Bullock, Listing Office: Virtual Properties Realty.com
$4,334 Closing Credit¹
Huyen Dao, Listing Office: NDI Maxim Residential
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MLS Disclaimers and Copyright
Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 01/01/2023 - 01/01/2025
Based on information from the Georgia MLS © 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Last updated on: 1/21/2025, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.