Is Midland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Midland has remained a Seller's Market.
Key Takeaway
Midland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midland, GA
How much do homes in Midland, GA cost?
Median Sold Price
$369,200
$156/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Midland have sold for 9.3% less than they did a month ago.
Summary: The median home sold price in Midland was $369,200 in April 2024, down 9.3% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $407.1K | $361.3K | -11.2% |
| 5+ Bedrooms | - | $528.5K | N/A |
Summary: Midland housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Upatoi | $462.4K | $460K | -0.5% |
| Midland | $407.1K | $369.2K | -9.3% |
Housing Supply in Midland, GA
How many homes are available in Midland, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Midland real estate market had 15 homes for sale in April 2024, a 6.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Midland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Midland in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Midland, GA
How long does it take to sell a home in Midland, GA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 37 Days | -50.8% |
Summary: Homes in Midland had an average of 37 days on market in Apr 2024, down by 50.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Midland has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Midland; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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.