Is Metropolitan, 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, Metropolitan has remained a Seller's Market.
Key Takeaway
Metropolitan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Metropolitan, GA
How much do homes in Metropolitan, GA cost?
Median Sold Price
$585,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Metropolitan have sold for 22.1% more than they did a year ago.
Summary: The median home sold price in Metropolitan was $585,000 in March 2024, up 22.1% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $312.5K | -0.8% |
| 2 Bedrooms | $362.5K | $375K | +3.4% |
| 3 Bedrooms | $474.5K | $585K | +23.3% |
| 4 Bedrooms | $530K | $669.5K | +26.3% |
| 5+ Bedrooms | $680.5K | $614.2K | -9.7% |
Summary: Metropolitan housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Metropolitan | $479K | $585K | +22.1% |
| Cuyler / Brownville | $181.2K | $219.9K | +21.3% |
| East Victorian District | $535K | $570K | +6.5% |
| West Victorian District | $660K | $633K | -4.1% |
Housing Supply in Metropolitan, GA
How many homes are available in Metropolitan, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Metropolitan real estate market had 17 homes for sale in March 2024, a 13.3% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Metropolitan 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 increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Metropolitan, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Metropolitan in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Metropolitan, GA
We’re sorry, we don't have information for this market at the moment
