Is Murrayville, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Murrayville is a neutral's market


Difference Since May 2023

At the same time last year, Murrayville was a Seller's Market.

Key Takeaway

Murrayville 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 Murrayville, GA

How much do homes in Murrayville, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Murrayville have sold for 1% less than they did a year ago.

Summary: The median home sold price in Murrayville was $400,000 in May 2024, down 1% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$250K
2 $275K$265K
3 $330K$344.9K
4 $449.9K$482K
5+ $718.7K$731.1K

Summary: Murrayville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Three Sisters Mountain
Blacks Mill

Housing Supply in Murrayville, GA

How many homes are available in Murrayville, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Murrayville real estate market had 199 homes for sale in May 2024, a 11.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
2 611
3 7070
4 7081
5+ 3236

Summary: The Murrayville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 83.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Murrayville, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Murrayville in May 2024, down by 3.0% month-over-month. Of the 31 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.

Days on Market for Murrayville, GA

How long does it take to sell a home in Murrayville, GA?

Average Sale Time

May 2023May 2024CHANGE
42 Days27 Days-35.4%

Summary: Homes in Murrayville had an average of 27 days on market in May 2024, down by 35.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 32 homes were sold in Murrayville; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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

Report Updated 13 Days Ago

Newest Listings in Murrayville, GA

Nearby Markets to Murrayville, GA

What housing markets are near Murrayville, GA?