Is Custer / McDonough / Guice, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Custer / McDonough / Guice is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Custer / McDonough / Guice has remained a Seller's Market.

Key Takeaway

Custer / McDonough / Guice is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Custer / McDonough / Guice, GA

How much do homes in Custer / McDonough / Guice, GA cost?

Median Sold Price

$342,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,500(+1.6%)

Key Takeaway

Homes in Custer / McDonough / Guice have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Custer / McDonough / Guice was $342,000 in March 2024, up 1.6% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $254K-
N/A
2 $332.5K$310K
-6.8%
3 $338K$286.2K
-15.3%
4 $571.9K$465K
-18.7%
5+ $696K$565K
-18.8%

Summary: Custer / McDonough / Guice housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Custer / McDonough / Guice, GA

How many homes are available in Custer / McDonough / Guice, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1015+50.0%

Summary: The Custer / McDonough / Guice real estate market had 15 homes for sale in March 2024, a 50.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 33
0.0%
3 34
+33.3%
4 13
+200.0%
5+ 22
0.0%

Summary: The Custer / McDonough / Guice housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Custer / McDonough / Guice, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Custer / McDonough / Guice in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Custer / McDonough / Guice, GA

How long does it take to sell a home in Custer / McDonough / Guice, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days39 Days+107.9%

Summary: Homes in Custer / McDonough / Guice had an average of 39 days on market in Mar 2024, up by 107.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Custer / McDonough / Guice are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Custer / McDonough / Guice; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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