Is McRae-Helena, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, McRae-Helena has remained a Buyer's Market.
Key Takeaway
McRae-Helena is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McRae-Helena, GA
How much do homes in McRae-Helena, GA cost?
Median Sold Price
$143,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in McRae-Helena have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in McRae-Helena was $143,000 in April 2024, up 14.4% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90.7K | $95.2K | +5.0% |
| 3 Bedrooms | $121.2K | $150K | +23.7% |
| 4 Bedrooms | $250K | $137K | -45.2% |
| 5+ Bedrooms | $387.5K | $275K | -29.0% |
Summary: McRae-Helena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 45.2%, and 5+ bedroom homes decreased by 29%.
Median Sold Price Compared To Nearby Cities
| McRae | $125K | $157.5K | +26.0% |
| McRae-Helena | $125K | $143K | +14.4% |
| Mc Rae Helena | $131K | $147.2K | +12.4% |
Housing Supply in McRae-Helena, GA
How many homes are available in McRae-Helena, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The McRae-Helena real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The McRae-Helena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McRae-Helena, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in McRae-Helena in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for McRae-Helena, GA
How long does it take to sell a home in McRae-Helena, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 83 Days | +361.1% |
Summary: Homes in McRae-Helena had an average of 83 days on market in Apr 2024, up by 361.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in McRae-Helena are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in McRae-Helena; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.