$300,000
10.07 Acres
Land
Caleb Johnson, Listing Office: Elevation Property Group
Is Baxley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Baxley was a Seller's Market.
Key Takeaway
Baxley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baxley, GA
How much do homes in Baxley, GA cost?
Median Sold Price
$195,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+11.4%)
Key Takeaway
Homes in Baxley have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Baxley was $195,000 in October 2024, up 11.4% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | - | N/A |
| 2 Bedrooms | $141.3K | $114K | -19.4% |
| 3 Bedrooms | $175K | $190K | +8.6% |
| 4 Bedrooms | $208K | $234.9K | +13.0% |
| 5+ Bedrooms | $316.5K | $450K | +42.2% |
Summary: Baxley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 42.2%.
Median Sold Price Compared To Nearby Cities
| Big Satilla Creek | $130K | $202K | +55.4% |
| Baxley | $175K | $195K | +11.4% |
Housing Supply in Baxley, GA
How many homes are available in Baxley, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Baxley real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Baxley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baxley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Baxley in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baxley, GA
How long does it take to sell a home in Baxley, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 240 Days | +397.4% |
Summary: Homes in Baxley had an average of 240 days on market in Oct 2024, up by 397.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Baxley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Baxley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
