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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lizella is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lizella was a Seller's Market.

Key Takeaway

Lizella is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lizella, GA

How much do homes in Lizella, GA cost?

Median Sold Price

$246,990

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,990(+4.7%)

Key Takeaway

Homes in Lizella have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Lizella was $246,990 in November 2024, up 4.7% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $77.2K$202.5K
+162.1%
3 $216.7K$218.9K
+1.0%
4 $288.7K$280.8K
-2.7%
5+ $335K$350K
+4.5%

Summary: Lizella housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 162.1%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Macon
+6.4%
Macon West
+5.1%
Lizella
+4.7%
Rutland
+0.8%

Housing Supply in Lizella, GA

How many homes are available in Lizella, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119131+10.1%

Summary: The Lizella real estate market had 131 homes for sale in November 2024, a 10.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4652
+13.0%
4 4847
-2.1%
5+ 2431
+29.2%

Summary: The Lizella housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 29.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lizella, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Lizella in November 2024, down by 15.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 41% were sold at asking, and 29% were sold over asking.

Days on Market for Lizella, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days64 Days+61.2%

Summary: Homes in Lizella had an average of 64 days on market in Nov 2024, up by 61.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lizella are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in Lizella; 35% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 35% 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 1 Day Ago

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