Is Milledgeville, 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, Milledgeville has remained a Seller's Market.
Key Takeaway
Milledgeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milledgeville, GA
How much do homes in Milledgeville, GA cost?
Median Sold Price
$250,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Milledgeville have sold for 25.8% more than they did a year ago.
Summary: The median home sold price in Milledgeville was $250,000 in March 2024, up 25.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.5K | $57.5K | -53.8% |
| 2 Bedrooms | $94.5K | $150K | +58.7% |
| 3 Bedrooms | $197.5K | $227K | +14.9% |
| 4 Bedrooms | $255K | $329.9K | +29.4% |
| 5+ Bedrooms | $388K | $375K | -3.4% |
Summary: Milledgeville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes increased by 58.7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Milledgeville | $198.7K | $250K | +25.8% |
| East Baldwin | $322.5K | $317.4K | -1.6% |
| Coopers | $190K | $170K | -10.5% |
Housing Supply in Milledgeville, GA
How many homes are available in Milledgeville, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 131 | 152 | +16.0% |
Summary: The Milledgeville real estate market had 152 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 61 | 71 | +16.4% |
| 4 Bedrooms | 45 | 55 | +22.2% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Milledgeville 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 16.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 37 | +94.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milledgeville, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Milledgeville in March 2024, up by 94.7% month-over-month. Of the 34 sold homes, 62% were sold under asking, 29% were sold at asking, and 9% were sold over asking.
Days on Market for Milledgeville, GA
How long does it take to sell a home in Milledgeville, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 57 Days | -8.4% |
Summary: Homes in Milledgeville had an average of 57 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milledgeville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in Milledgeville; 46% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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. 
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.