Is Midtown, 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, Midtown was a Seller's Market.
Key Takeaway
Midtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Midtown, GA
How much do homes in Midtown, GA cost?
Median Sold Price
$385,233
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Midtown have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Midtown was $385,233 in March 2024, up 2.7% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.2K | $285K | -0.8% |
| 2 Bedrooms | $480K | $460K | -4.2% |
| 3 Bedrooms | $749.5K | $825K | +10.1% |
| 4 Bedrooms | $1.0M | $960K | -10.7% |
| 5+ Bedrooms | $1.3M | $1.8M | +37.8% |
Summary: Midtown 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 decreased by 4.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 37.8%.
Housing Supply in Midtown, GA
How many homes are available in Midtown, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 370 | 437 | +18.1% |
Summary: The Midtown real estate market had 437 homes for sale in March 2024, a 18.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 162 | 212 | +30.9% |
| 2 Bedrooms | 143 | 153 | +7.0% |
| 3 Bedrooms | 39 | 45 | +15.4% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Midtown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 59 | 63 | +6.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midtown, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Summary: A total of 63 homes were sold or pending in Midtown in March 2024, up by 6.8% month-over-month. Of the 62 sold homes, 68% were sold under asking, 15% were sold at asking, and 18% were sold over asking.
Days on Market for Midtown, GA
How long does it take to sell a home in Midtown, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 44 Days | +14.1% |
Summary: Homes in Midtown had an average of 44 days on market in Mar 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midtown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 63 homes were sold in Midtown; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.