Is Gray-Macon East, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gray-Macon East has remained a Neutral Market.
Key Takeaway
Gray-Macon East is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Gray-Macon East, GA
How much do homes in Gray-Macon East, GA cost?
Median Sold Price
$259,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gray-Macon East have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Gray-Macon East was $259,000 in March 2024, up 10.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $110K | -15.4% |
| 2 Bedrooms | $79.2K | $135K | +70.3% |
| 3 Bedrooms | $205K | $220K | +7.3% |
| 4 Bedrooms | $300.2K | $280K | -6.7% |
| 5+ Bedrooms | $299K | $384.5K | +28.6% |
Summary: Gray-Macon East housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 70.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
| Macon | $110K | $178.1K | +62.0% |
| Haddock | $232.5K | $272.5K | +17.2% |
| Gray-Macon East | $235.2K | $259K | +10.1% |
Housing Supply in Gray-Macon East, GA
How many homes are available in Gray-Macon East, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 88 | +17.3% |
Summary: The Gray-Macon East real estate market had 88 homes for sale in March 2024, a 17.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 34 | 42 | +23.5% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Gray-Macon East 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 23.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gray-Macon East, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Gray-Macon East in March 2024, down by 12.5% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Gray-Macon East, GA
How long does it take to sell a home in Gray-Macon East, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 49 Days | -8.4% |
Summary: Homes in Gray-Macon East had an average of 49 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gray-Macon East are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Gray-Macon East; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.