Is Murrayville, 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, Murrayville was a Seller's Market.
Housing Prices in Murrayville, GA
How much do homes in Murrayville, GA cost?
Median Sold Price
$400,333
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Murrayville was $400,333 in April 2024, down 0.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $275K | $247.4K | -10.0% |
3 Bedrooms | $330K | $345K | +4.5% |
4 Bedrooms | $449.8K | $475K | +5.6% |
5+ Bedrooms | $745K | $695.2K | -6.7% |
Summary: Murrayville 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 10%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Chestatee | $472.5K | $500K | +5.8% |
Blacks Mill | $431.7K | $452.1K | +4.7% |
Gainesville | $374.9K | $391.6K | +4.4% |
Three Sisters Mountain | $365K | $368K | +0.8% |
Murrayville | $403.4K | $400.3K | -0.8% |
Housing Supply in Murrayville, GA
How many homes are available in Murrayville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
152 | 176 | +15.8% |
Summary: The Murrayville real estate market had 176 homes for sale in April 2024, a 15.8% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 69 | 70 | +1.4% |
4 Bedrooms | 55 | 68 | +23.6% |
5+ Bedrooms | 25 | 32 | +28.0% |
Summary: The Murrayville 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 increased by 150%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes increased by 28%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 29 | -12.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Murrayville in April 2024, down by 12.1% month-over-month. Of the 28 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.
Days on Market for Murrayville, GA
How long does it take to sell a home in Murrayville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 25 Days | -28.9% |
Summary: Homes in Murrayville had an average of 25 days on market in Apr 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in Murrayville; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.