Is Gay, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gay is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gay has remained a Seller's Market.

Key Takeaway

Gay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gay, GA

How much do homes in Gay, GA cost?

Median Sold Price

$64,000

$36/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$266,000(-80.6%)

Key Takeaway

Homes in Gay have sold for 80.6% less than they did a month ago.

Summary: The median home sold price in Gay was $64,000 in March 2024, down 80.6% from last month, and the median price per square foot was $36.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$64K
-80.6%
4 --
N/A
5+ --
N/A

Summary: Gay housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 80.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gay, GA

How many homes are available in Gay, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32-33.3%

Summary: The Gay real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Gay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gay in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gay, GA

How long does it take to sell a home in Gay, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
126 Days76 Days-39.7%

Summary: Homes in Gay had an average of 76 days on market in Mar 2024, down by 39.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gay has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Gay; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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