Is Macon West, 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 West was a Seller's Market.
Key Takeaway
Macon West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Macon West, GA
How much do homes in Macon West, GA cost?
Median Sold Price
$146,572
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Macon West have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Macon West was $146,572 in March 2024, up 8.6% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33K | $38.5K | +16.7% |
| 2 Bedrooms | $40K | $52K | +30.0% |
| 3 Bedrooms | $120K | $133.5K | +11.3% |
| 4 Bedrooms | $225.1K | $223.5K | -0.7% |
| 5+ Bedrooms | $412.4K | $393K | -4.7% |
Summary: Macon West housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Macon | $110K | $178.1K | +62.0% |
| Macon East | $108K | $119.5K | +10.6% |
| Macon West | $135K | $146.5K | +8.6% |
| Rutland | $295.5K | $255K | -13.7% |
Housing Supply in Macon West, GA
How many homes are available in Macon West, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 427 | 494 | +15.7% |
Summary: The Macon West real estate market had 494 homes for sale in March 2024, a 15.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 70 | 88 | +25.7% |
| 3 Bedrooms | 217 | 254 | +17.1% |
| 4 Bedrooms | 107 | 116 | +8.4% |
| 5+ Bedrooms | 31 | 34 | +9.7% |
Summary: The Macon West housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 9.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 58 | -12.1% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macon West, you may be able to get a good deal. 73.2% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Macon West in March 2024, down by 12.1% month-over-month. Of the 56 sold homes, 73% were sold under asking, 14% were sold at asking, and 13% were sold over asking.
Days on Market for Macon West, GA
How long does it take to sell a home in Macon West, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 50 Days | +13.4% |
Summary: Homes in Macon West had an average of 50 days on market in Mar 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macon West are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 58 homes were sold in Macon West; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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