Is Gray-Macon East, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gray-Macon East is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Gray-Macon East has remained a Seller's Market.

Key Takeaway

Gray-Macon East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Gray-Macon East, GA cost?

Median Sold Price

$223,350

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$26,350(+13.4%)

Key Takeaway

Homes in Gray-Macon East have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$54K
N/A
2 $90K$106.4K
+18.2%
3 $180K$197.2K
+9.6%
4 $210K$246.7K
+17.5%
5+ $273.9K$330K
+20.5%

Median Sold Price Compared To Nearby Cities

Gray-Macon East
+13.4%
Gray
+7.7%
Macon
+3.6%

How many homes are available in Gray-Macon East, GA?

Number of Homes For Sale

Apr 2022May 2022%
5665+16.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 01
+100.0%
2 23
+50.0%
3 1822
+22.2%
4 2124
+14.3%
5+ 1515
0.0%

Number of Homes Sold

Apr 2022May 2022%
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gray-Macon East, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
30 Days30 Days-2.3%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gray-Macon East are selling fast, if you're buying plan to act quickly.

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

About Gray-Macon East, GA

Homes for sale in Gray-Macon East, GA have reached 65. The number of listings in Gray-Macon East, GA increased by 16.1% between April 2022 and May 2022. In May 2022 median list price was $223,350 and the average listing age was 30 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 18.2%, 3 bedrooms properties prices increased by 9.6%, the cost of 4 bedrooms properties went up by 17.5%, prices of 5 bedrooms properties went up by 20.5%. Volume of homes for sale changed: number of 1 bedroom homes increased by 100%, volume of 2 bedrooms homes went up by 50%, number of 3 bedrooms homes increased by 22.2%, 4 bedrooms homes inventory increased by 14.3%, volume of 5 bedrooms homes stayed the same. Gray-Macon East, GA housing market in May 2022 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 6 sold below.

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