Is Macon West, 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 West was a Seller's Market.
Key Takeaway
Macon West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Macon West, GA
How much do homes in Macon West, GA cost?
Median Sold Price
$147,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Macon West have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Macon West was $147,500 in April 2024, up 12.1% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34K | $38.5K | +13.2% |
| 2 Bedrooms | $39K | $50.8K | +30.3% |
| 3 Bedrooms | $119.5K | $135.8K | +13.7% |
| 4 Bedrooms | $231.7K | $210K | -9.4% |
| 5+ Bedrooms | $412.4K | $352K | -14.7% |
Summary: Macon West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 14.7%.
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% |
| Rutland | $290K | $254.7K | -12.2% |
Housing Supply in Macon West, GA
How many homes are available in Macon West, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 455 | 559 | +22.9% |
Summary: The Macon West real estate market had 559 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 83 | 92 | +10.8% |
| 3 Bedrooms | 237 | 289 | +21.9% |
| 4 Bedrooms | 103 | 131 | +27.2% |
| 5+ Bedrooms | 30 | 43 | +43.3% |
Summary: The Macon West 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 increased by 10.8%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 43.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 88 | +46.7% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macon West, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 88 homes were sold or pending in Macon West in April 2024, up by 46.7% month-over-month. Of the 77 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Macon West, GA
How long does it take to sell a home in Macon West, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 40 Days | +8.5% |
Summary: Homes in Macon West had an average of 40 days on market in Apr 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macon West are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 88 homes were sold in Macon West; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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