Is Gray-Macon East, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Gray-Macon East was a Seller's Market.
Housing Prices in Gray-Macon East, GA
How much do homes in Gray-Macon East, GA cost?
Median Sold Price
$255,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gray-Macon East was $255,000 in April 2024, up 6.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $110K | -15.4% |
2 Bedrooms | $79.2K | $135K | +70.3% |
3 Bedrooms | $203K | $218.5K | +7.6% |
4 Bedrooms | $300.2K | $284.8K | -5.1% |
5+ Bedrooms | $299.9K | $384.7K | +28.3% |
Summary: Gray-Macon East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 70.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
Macon | $120.6K | $177.5K | +47.2% |
Gray | $266K | $304K | +14.3% |
Gray-Macon East | $239.9K | $255K | +6.3% |
Housing Supply in Gray-Macon East, GA
How many homes are available in Gray-Macon East, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 96 | +14.3% |
Summary: The Gray-Macon East real estate market had 96 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 38 | 37 | -2.6% |
4 Bedrooms | 25 | 34 | +36.0% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Gray-Macon East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 36%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Gray-Macon East in April 2024, down by 7.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Gray-Macon East, GA
How long does it take to sell a home in Gray-Macon East, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 59 Days | +84.0% |
Summary: Homes in Gray-Macon East had an average of 59 days on market in Apr 2024, up by 84% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Gray-Macon East; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.