Is Meriwether County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Meriwether County has remained a Seller's Market.
Key Takeaway
Meriwether County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meriwether County, GA
How much do homes in Meriwether County, GA cost?
Median Sold Price
$242,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Meriwether County have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Meriwether County was $242,500 in March 2024, down 2.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $267.9K | -49.9% |
| 2 Bedrooms | $135K | $131.5K | -2.6% |
| 3 Bedrooms | $218K | $224K | +2.8% |
| 4 Bedrooms | $300K | $259.9K | -13.3% |
| 5+ Bedrooms | $364K | $288.9K | -20.6% |
Summary: Meriwether County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.9%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 20.6%.
Median Sold Price Compared To Nearby Counties
| Pike County | $333K | $365K | +9.6% |
| Coweta County | $375K | $399.7K | +6.6% |
| Upson County | $190K | $195K | +2.6% |
| Spalding County | $249.9K | $250K | 0.0% |
| Meriwether County | $249.4K | $242.5K | -2.8% |
Housing Supply in Meriwether County, GA
How many homes are available in Meriwether County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 70 | -6.7% |
Summary: The Meriwether County real estate market had 70 homes for sale in March 2024, a 6.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 46 | 42 | -8.7% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Meriwether County 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meriwether County, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Meriwether County in March 2024, up by 81.8% month-over-month. Of the 17 sold homes, 41% were sold under asking, 47% were sold at asking, and 12% were sold over asking.
Days on Market for Meriwether County, GA
How long does it take to sell a home in Meriwether County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 57 Days | +13.5% |
Summary: Homes in Meriwether County had an average of 57 days on market in Mar 2024, up by 13.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meriwether County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Meriwether County; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% 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.