Is Murray County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Murray County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Murray County has remained a Seller's Market.

Key Takeaway

Murray County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Murray County, GA cost?

Median Sold Price

$218,125

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$33,125(+17.9%)

Key Takeaway

Homes in Murray County have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $142.5K$270K
+89.5%
2 $140K$125.5K
-10.4%
3 $183K$205.4K
+12.3%
4 $188.4K$237.3K
+25.9%
5+ $470K$360K
-23.4%

Median Sold Price Compared To Nearby Counties

Gilmer County
+25.8%
Gordon County
+18.1%
Murray County
+17.9%
Bradley County
+15.0%
Whitfield County
+13.8%

How many homes are available in Murray County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
6256-9.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 12
+100.0%
2 97
-22.2%
3 4033
-17.5%
4 68
+33.3%
5+ 66
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
2213-40.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Murray County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
19 Days34 Days+79.8%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Murray County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Murray County, GA

Murray County, GA has 56 homes for sale to choose from. The inventory of homes for sale in Murray County, GA between September 2022 and October 2022 decreased by 9.7%. The median list price of listings available in October 2022 was $218,125, while the average time on the real estate market was 34 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 89.5% more expensive, the cost of 2 bedrooms properties went down by 10.4%, the cost of 3 bedrooms properties went up by 12.3%, prices of 4 bedrooms properties went up by 25.9%, 5 bedrooms properties prices decreased by 23.4%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes decreased by 22.2%, 3 bedrooms homes inventory decreased by 17.5%, the quantity of 4 bedrooms homes went up by 33.3%, volume of 5 bedrooms homes stayed the same. In October 2022, from all listings sold in Murray County, GA there were more than 3 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price.

Related Housing Market Reports