Is Martin-Avalon, 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, Martin-Avalon has remained a Seller's Market.
Key Takeaway
Martin-Avalon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Martin-Avalon, GA
How much do homes in Martin-Avalon, GA cost?
Median Sold Price
$272,400
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Martin-Avalon have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Martin-Avalon was $272,400 in May 2024, up 11.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $112.5K | N/A |
| 2 Bedrooms | $168K | $195K | +16.1% |
| 3 Bedrooms | $245K | $274.9K | +12.2% |
| 4 Bedrooms | $325K | $284.9K | -12.3% |
| 5+ Bedrooms | $300K | $521K | +73.7% |
Summary: Martin-Avalon 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 16.1%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Cities
| Rock Creek | $270K | $385.5K | +42.8% |
| Eastanollee | $215K | $272.4K | +26.7% |
| Toccoa | $190K | $227.4K | +19.7% |
| Martin-Avalon | $245K | $272.4K | +11.2% |
Housing Supply in Martin-Avalon, GA
How many homes are available in Martin-Avalon, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The Martin-Avalon real estate market had 31 homes for sale in May 2024, a 10.7% increase 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Martin-Avalon 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Martin-Avalon, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Martin-Avalon in May 2024, up by 120.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Martin-Avalon, GA
How long does it take to sell a home in Martin-Avalon, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 94 Days | 39 Days | -58.8% |
Summary: Homes in Martin-Avalon had an average of 39 days on market in May 2024, down by 58.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Martin-Avalon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Martin-Avalon; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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.