Is Mount Airy, 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, Mount Airy has remained a Seller's Market.
Housing Prices in Mount Airy, GA
How much do homes in Mount Airy, GA cost?
Median Sold Price
$342,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Airy was $342,000 in May 2024, up 29.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214K | $535K | +149.9% |
3 Bedrooms | $261.4K | $318K | +21.7% |
4 Bedrooms | $309K | $376K | +21.7% |
5+ Bedrooms | $500K | $500K | 0.0% |
Summary: Mount Airy 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 149.9%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mount Airy | $264.7K | $342K | +29.2% |
Cornelia | $279.6K | $323.9K | +15.8% |
Housing Supply in Mount Airy, GA
How many homes are available in Mount Airy, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Summary: The Mount Airy real estate market had 14 homes for sale in May 2024, a 12.5% decrease 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 | 0 | 2 | +100.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mount Airy 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mount Airy in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Mount Airy, GA
How long does it take to sell a home in Mount Airy, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 22 Days | +91.3% |
Summary: Homes in Mount Airy had an average of 22 days on market in May 2024, up by 91.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Mount Airy; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.