Is Murrayville, 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, Murrayville has remained a Seller's Market.
Housing Prices in Murrayville, GA
How much do homes in Murrayville, GA cost?
Median Sold Price
$400,250
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Murrayville was $400,250 in March 2024, up 0.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $411.3K | N/A |
2 Bedrooms | $275K | $265K | -3.6% |
3 Bedrooms | $331K | $342K | +3.3% |
4 Bedrooms | $450K | $482K | +7.1% |
5+ Bedrooms | $810K | $703K | -13.2% |
Summary: Murrayville housing prices by bedroom type for March 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 3.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
Blacks Mill | $424.5K | $456.5K | +7.5% |
Chestatee | $470.4K | $494.8K | +5.2% |
Gainesville | $375K | $389.7K | +3.9% |
Murrayville | $399.9K | $400.2K | 0.1% |
Three Sisters Mountain | $365K | $355K | -2.7% |
Housing Supply in Murrayville, GA
How many homes are available in Murrayville, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
153 | 161 | +5.2% |
Summary: The Murrayville real estate market had 161 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 4 | -63.6% |
3 Bedrooms | 61 | 70 | +14.8% |
4 Bedrooms | 56 | 57 | +1.8% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The Murrayville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 63.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 32 | 0.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Murrayville in March 2024, the same as the previous month. Of the 31 sold homes, 68% were sold under asking, 10% were sold at asking, and 23% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 46 Days | -32.7% |
Summary: Homes in Murrayville had an average of 46 days on market in Mar 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Murrayville; 59% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.