Is 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
At the same time last year, Macon East was a Seller's Market.
Housing Prices in Macon East, GA
How much do homes in Macon East, GA cost?
Median Sold Price
$119,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Macon East was $119,500 in March 2024, up 10.6% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $34K | N/A |
2 Bedrooms | $57K | $35K | -38.6% |
3 Bedrooms | $108K | $115.5K | +6.9% |
4 Bedrooms | $155K | $164K | +5.8% |
5+ Bedrooms | $357.5K | $145K | -59.4% |
Summary: Macon East housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 59.4%.
Median Sold Price Compared To Nearby Cities
Macon | $110K | $178.1K | +62.0% |
Macon East | $108K | $119.5K | +10.6% |
Gray-Macon East | $235.2K | $259K | +10.1% |
Macon West | $135K | $146.5K | +8.6% |
Housing Supply in Macon East, GA
How many homes are available in Macon East, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 82 | +10.8% |
Summary: The Macon East real estate market had 82 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 18 | 23 | +27.8% |
3 Bedrooms | 32 | 34 | +6.3% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Macon East housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Macon East in March 2024, down by 13.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Macon East, GA
How long does it take to sell a home in Macon East, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 72 Days | +14.8% |
Summary: Homes in Macon East had an average of 72 days on market in Mar 2024, up by 14.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Macon East; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.