Is Murrayville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Murrayville was a Seller's Market.
Housing Prices in Murrayville, GA
How much do homes in Murrayville, GA cost?
Median Sold Price
$399,400
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Murrayville was $399,400 in June 2024, down 3.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $275K | $265K | -3.6% |
3 Bedrooms | $330K | $347.9K | +5.4% |
4 Bedrooms | $457.5K | $482K | +5.4% |
5+ Bedrooms | $705K | $750K | +6.4% |
Summary: Murrayville housing prices by bedroom type for June 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 5.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
Blacks Mill | $420.9K | $464.9K | +10.4% |
Three Sisters Mountain | $360.6K | $375K | +4.0% |
Gainesville | $383.2K | $391K | +2.0% |
Chestatee | $493.3K | $495K | 0.3% |
Murrayville | $413.1K | $399.4K | -3.3% |
Housing Supply in Murrayville, GA
How many homes are available in Murrayville, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
185 | 199 | +7.6% |
Summary: The Murrayville real estate market had 199 homes for sale in June 2024, a 7.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 8 | -27.3% |
3 Bedrooms | 62 | 61 | -1.6% |
4 Bedrooms | 77 | 88 | +14.3% |
5+ Bedrooms | 34 | 41 | +20.6% |
Summary: The Murrayville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
40 | 26 | -35.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Murrayville in June 2024, down by 35.0% month-over-month. Of the 25 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
36 Days | 57 Days | +57.9% |
Summary: Homes in Murrayville had an average of 57 days on market in Jun 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 26 homes were sold in Murrayville; 42% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.