Is Macon County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Macon County was a Neutral Market.
Key Takeaway
Macon County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Macon County, GA
How much do homes in Macon County, GA cost?
Median Sold Price
$158,250
$66/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Macon County have sold for 49.7% less than they did a month ago.
Summary: The median home sold price in Macon County was $158,250 in April 2024, down 49.7% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $314.4K | $52K | -83.5% |
| 4 Bedrooms | - | $264.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Macon County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 83.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Sumter County | $168.7K | $365.5K | +116.6% |
| Macon County | $314.4K | $158.2K | -49.7% |
| Dooly County | $179.4K | $4.5K | -97.5% |
Housing Supply in Macon County, GA
How many homes are available in Macon County, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Macon County real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Macon County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Macon County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Macon County in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Macon County, GA
How long does it take to sell a home in Macon County, GA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 16 Days | -22.7% |
Summary: Homes in Macon County had an average of 16 days on market in Apr 2024, down by 22.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macon County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Macon County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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