Is Gray, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Gray has remained a Seller's Market.
Housing Prices in Gray, GA
How much do homes in Gray, GA cost?
Median Sold Price
$304,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gray was $304,000 in April 2024, up 14.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $113K | -13.1% |
2 Bedrooms | $29.9K | $93K | +211.0% |
3 Bedrooms | $205K | $248.9K | +21.4% |
4 Bedrooms | $318.5K | $335K | +5.2% |
5+ Bedrooms | $334.5K | $385K | +15.1% |
Summary: Gray housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 211%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
Gray | $266K | $304K | +14.3% |
Gray-Macon East | $239.9K | $255K | +6.3% |
Housing Supply in Gray, GA
How many homes are available in Gray, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 39 | +25.8% |
Summary: The Gray real estate market had 39 homes for sale in April 2024, a 25.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Gray housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Gray in April 2024, up by 133.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Gray, GA
How long does it take to sell a home in Gray, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 50 Days | +71.4% |
Summary: Homes in Gray had an average of 50 days on market in Apr 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Gray; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.