Is Midland, 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, Midland has remained a Seller's Market.
Housing Prices in Midland, GA
How much do homes in Midland, GA cost?
Median Sold Price
$361,400
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Midland was $361,400 in May 2024, up 2.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $337K | $325K | -3.6% |
4 Bedrooms | $352.9K | $360K | +2.0% |
5+ Bedrooms | $451K | $425.4K | -5.7% |
Summary: Midland 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 did not change, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
Columbus North | $298K | $325K | +9.1% |
Columbus | $185K | $190K | +2.7% |
Midland | $352.9K | $361.4K | +2.4% |
Housing Supply in Midland, GA
How many homes are available in Midland, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Midland 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Midland 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 decreased by 9.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Midland in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% were sold over asking.
Days on Market for Midland, GA
How long does it take to sell a home in Midland, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 78 Days | +133.7% |
Summary: Homes in Midland had an average of 78 days on market in May 2024, up by 133.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Midland; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.