Is Mc Rae Helena, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mc Rae Helena has remained a Buyer's Market.
Housing Prices in Mc Rae Helena, GA
How much do homes in Mc Rae Helena, GA cost?
Median Sold Price
$147,250
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mc Rae Helena was $147,250 in April 2024, up 12.4% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $96.5K | $95.2K | -1.3% |
3 Bedrooms | $123.7K | $154K | +24.4% |
4 Bedrooms | $250K | $142.7K | -42.9% |
5+ Bedrooms | $387.5K | $275K | -29.0% |
Summary: Mc Rae Helena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 24.4%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 29%.
Median Sold Price Compared To Nearby Cities
McRae | $125K | $157.5K | +26.0% |
McRae-Helena | $125K | $143K | +14.4% |
Mc Rae Helena | $131K | $147.2K | +12.4% |
Housing Supply in Mc Rae Helena, GA
How many homes are available in Mc Rae Helena, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Mc Rae Helena real estate market had 20 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mc Rae Helena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mc Rae Helena in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Rae Helena, GA
How long does it take to sell a home in Mc Rae Helena, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 83 Days | +361.1% |
Summary: Homes in Mc Rae Helena had an average of 83 days on market in Apr 2024, up by 361.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Mc Rae Helena; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.