Is Lizella, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lizella has remained a Seller's Market.
Housing Prices in Lizella, GA
How much do homes in Lizella, GA cost?
Median Sold Price
$247,645
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lizella was $247,645 in May 2024, up 6.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $102.7K | $185K | +80.0% |
3 Bedrooms | $205K | $217.4K | +6.1% |
4 Bedrooms | $249K | $276.7K | +11.1% |
5+ Bedrooms | $338.9K | $350K | +3.2% |
Summary: Lizella 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 80%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Macon | $160.2K | $181.9K | +13.5% |
Macon West | $139K | $154.8K | +11.4% |
Lizella | $232.9K | $247.6K | +6.3% |
Rutland | $286.1K | $255K | -10.9% |
Housing Supply in Lizella, GA
How many homes are available in Lizella, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 96 | +23.1% |
Summary: The Lizella real estate market had 96 homes for sale in May 2024, a 23.1% increase compared to 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 | 39 | 43 | +10.3% |
4 Bedrooms | 26 | 35 | +34.6% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Lizella 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 increased by 10.3%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Lizella in May 2024, up by 18.8% month-over-month. Of the 16 sold homes, 44% were sold under asking, 44% were sold at asking, and 13% were sold over asking.
Days on Market for Lizella, GA
How long does it take to sell a home in Lizella, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 28 Days | +73.5% |
Summary: Homes in Lizella had an average of 28 days on market in May 2024, up by 73.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Lizella; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.