Is Baxley, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxley is a buyer's market

Buyer's
Market

Difference Since November 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

$200,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+14.3%)

Key Takeaway

Homes in Baxley have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Baxley was $200,000 in November 2024, up 14.3% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $285K-
N/A
2 $141.3K$114K
-19.4%
3 $179K$197.4K
+10.3%
4 $172.2K$239.9K
+39.3%
5+ $316.5K$450K
+42.2%

Summary: Baxley housing prices by bedroom type for November 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 10.3%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes increased by 42.2%.

Housing Supply in Baxley, GA

How many homes are available in Baxley, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2333+43.5%

Summary: The Baxley real estate market had 33 homes for sale in November 2024, a 43.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1522
+46.7%
4 46
+50.0%
5+ 00
0.0%

Summary: The Baxley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Baxley in November 2024, up by 300.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
64 Days45 Days-29.7%

Summary: Homes in Baxley had an average of 45 days on market in Nov 2024, down by 29.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baxley has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Baxley; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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