Is Gray, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Gray was a Seller's Market.
Housing Prices in Gray, GA
How much do homes in Gray, GA cost?
Median Sold Price
$279,900
$143/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Gray was $279,900 in March 2024, down 7.9% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $269.9K | $227.4K | -15.7% |
4 Bedrooms | $327.5K | - | N/A |
5+ Bedrooms | - | $315K | N/A |
Summary: Gray 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 15.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Gray, GA
How many homes are available in Gray, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 33 | +26.9% |
Summary: The Gray real estate market had 33 homes for sale in March 2024, a 26.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Gray housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Gray in March 2024, down by 20.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Gray, GA
How long does it take to sell a home in Gray, GA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 32 Days | +2.8% |
Summary: Homes in Gray had an average of 32 days on market in Mar 2024, up by 2.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Gray; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.