Is McRae-Helena, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, McRae-Helena was a Seller's Market.
Key Takeaway
McRae-Helena is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McRae-Helena, GA
How much do homes in McRae-Helena, GA cost?
Median Sold Price
$140,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in McRae-Helena have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in McRae-Helena was $140,000 in May 2024, up 7.7% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90.7K | $95.2K | +5.0% |
| 3 Bedrooms | $125K | $140K | +12.0% |
| 4 Bedrooms | $200K | $142.7K | -28.6% |
| 5+ Bedrooms | $387.5K | $272.5K | -29.7% |
Summary: McRae-Helena housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 29.7%.
Median Sold Price Compared To Nearby Cities
| McRae | $125K | $160K | +28.0% |
| Mc Rae Helena | $127K | $146K | +15.0% |
| McRae-Helena | $130K | $140K | +7.7% |
Housing Supply in McRae-Helena, GA
How many homes are available in McRae-Helena, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The McRae-Helena real estate market had 19 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The McRae-Helena housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McRae-Helena, 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 McRae-Helena in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for McRae-Helena, GA
How long does it take to sell a home in McRae-Helena, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 68 Days | 6 Days | -90.5% |
Summary: Homes in McRae-Helena had an average of 6 days on market in May 2024, down by 90.5% compared to last year.
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 McRae-Helena are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in McRae-Helena; 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.