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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muscogee County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Muscogee County, GA

How much do homes in Muscogee County, GA cost?

Median Sold Price

$220,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,833(+15.7%)

Key Takeaway

Homes in Muscogee County have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Muscogee County was $220,000 in March 2024, up 15.7% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $85.7K-
N/A
2 $43.5K$77K
+77.0%
3 $159.9K$158K
-1.2%
4 $266K$338K
+27.1%
5+ $460K$467.4K
+1.6%

Summary: Muscogee County 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 increased by 77%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Counties

Muscogee County
+15.7%
Harris County
-5.3%

Housing Supply in Muscogee County, GA

How many homes are available in Muscogee County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
145147+1.4%

Summary: The Muscogee County real estate market had 147 homes for sale in March 2024, a 1.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 6469
+7.8%
4 5653
-5.4%
5+ 1312
-7.7%

Summary: The Muscogee County 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 increased by 9.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2934+17.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muscogee County, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Muscogee County in March 2024, up by 17.2% month-over-month. Of the 28 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% were sold over asking.

Days on Market for Muscogee County, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
66 Days51 Days-22.8%

Summary: Homes in Muscogee County had an average of 51 days on market in Mar 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 34 homes were sold in Muscogee County; 56% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% 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 12 Days Ago

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