Is 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, Macon East was a Seller's Market.
Housing Prices in Macon East, GA
How much do homes in Macon East, GA cost?
Median Sold Price
$119,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Macon East was $119,000 in April 2024, up 10.2% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $34K | N/A |
2 Bedrooms | $57K | $33.6K | -40.9% |
3 Bedrooms | $108.7K | $115K | +5.7% |
4 Bedrooms | $145K | $160K | +10.3% |
5+ Bedrooms | $357.5K | $145K | -59.4% |
Summary: Macon East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 59.4%.
Median Sold Price Compared To Nearby Cities
Macon | $120.6K | $177.5K | +47.2% |
Macon West | $131.6K | $147.5K | +12.1% |
Macon East | $108K | $119K | +10.2% |
Gray-Macon East | $239.9K | $255K | +6.3% |
Housing Supply in Macon East, GA
How many homes are available in Macon East, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 88 | +20.5% |
Summary: The Macon East real estate market had 88 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 20 | 0.0% |
3 Bedrooms | 30 | 45 | +50.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Macon East 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 increased by 50%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Macon East in April 2024, up by 9.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for Macon East, GA
How long does it take to sell a home in Macon East, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 53 Days | +174.6% |
Summary: Homes in Macon East had an average of 53 days on market in Apr 2024, up by 174.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Macon East; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.