Is Milledgeville, 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, Milledgeville was a Seller's Market.
Housing Prices in Milledgeville, GA
How much do homes in Milledgeville, GA cost?
Median Sold Price
$251,266
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Milledgeville was $251,266 in April 2024, up 14.7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.5K | $57.5K | -53.8% |
2 Bedrooms | $104.5K | $150K | +43.5% |
3 Bedrooms | $215K | $225K | +4.7% |
4 Bedrooms | $287.5K | $350K | +21.7% |
5+ Bedrooms | $388K | $319K | -17.8% |
Summary: Milledgeville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes increased by 43.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 17.8%.
Median Sold Price Compared To Nearby Cities
Milledgeville | $219K | $251.2K | +14.7% |
East Baldwin | $310K | $316.9K | +2.3% |
Housing Supply in Milledgeville, GA
How many homes are available in Milledgeville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
143 | 149 | +4.2% |
Summary: The Milledgeville real estate market had 149 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 69 | 73 | +5.8% |
4 Bedrooms | 52 | 48 | -7.7% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Milledgeville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 24 | -33.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Milledgeville in April 2024, down by 33.3% month-over-month. Of the 23 sold homes, 61% were sold under asking, 30% were sold at asking, and 9% were sold over asking.
Days on Market for Milledgeville, GA
How long does it take to sell a home in Milledgeville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 68 Days | +36.6% |
Summary: Homes in Milledgeville had an average of 68 days on market in Apr 2024, up by 36.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Milledgeville; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.