Real Estate Market Update for Statesboro, GA
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 6% from one year earlier, and down 5% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 44%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 120-thousand dollars. The number of units sold decreased 7% year-over-year, and decreased 33% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Statesboro, GA
Area Information for Statesboro, GA
  • Population: 29,820
  • Median Age: 22.78 yr
  • Median Commute Time: 11.75 mins
  • Educational Climate*: 2
  • Sales Tax: 7%
  • Population Density: 2,209/sq mi
  • Population Change Since 2000: 30.96%
  • Closest Airport: Savannah/hilton Head International
  • Closest College: Georgia Southern University
  • Closest Jr. College: Ogeechee Technical College
  • Median Household Income: $20,658
  • Annual Residential Turnover: 31.03%
  • Median Years in Residence: 2.04 yr
  • Median Home Sales Price: $72,500
  • Closest Major Sports Team: Jacksonville Suns
  • Change Avg. Household Income Since 2000: 0%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Statesboro, GA
Median Age: 22.78 Married: 13% Number of Households: 10,728 Households with Children: 2,066
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Statesboro, GA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Statesboro High School 0.3 mi Public 9-12 2-5 3
      Sallie Zetterower Elementary School 1.1 mi Public PRESCHOOL-5 3 5
      Mill Creek Elementary School 1.3 mi Public PRESCHOOL-5 3 3
      Trinity Christian School 1.3 mi Private PRESCHOOL-12 0 5
      Charter Conservatory 1.4 mi Public 6-12 2-5 4
      Bible Baptist Christian Academy 1.5 mi Private PRESCHOOL-12 0 5
      Bryant Elementary School 2.4 mi Public PRESCHOOL-5 2-5 3
      Transitions Learning Center 2.6 mi Public 9-12 0 0
      Mattie Lively Elementary School 2.6 mi Public PRESCHOOL-5 1 5
      Langston Chapel Elementary School 3.1 mi Public PRESCHOOL-5 1 4
      Langston Chapel Middle School 3.1 mi Public 6-8 2-5 4
      Bulloch Academy 3.3 mi Private PRESCHOOL-12 0 5
      William James Middle School 4.8 mi Public 6-8 3 4
      New Nevils Elementary School 11.0 mi Public PRESCHOOL-5 3 0
      Nevils Elementary School 11.0 mi Public PRESCHOOL-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Statesboro, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.