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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cairo is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cairo was a Buyer's Market.

Key Takeaway

Cairo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cairo, GA

How much do homes in Cairo, GA cost?

Median Sold Price

$259,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$94,000(+57.0%)

Key Takeaway

Homes in Cairo have sold for 57% more than they did a year ago.

Summary: The median home sold price in Cairo was $259,000 in October 2024, up 57% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $141.7K-
N/A
3 $175.2K$259K
+47.8%
4 --
N/A
5+ $405K$265.5K
-34.4%

Summary: Cairo 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 did not change, 3 bedroom homes increased by 47.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 34.4%.

Housing Supply in Cairo, GA

How many homes are available in Cairo, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Cairo real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 21
-50.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Cairo 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cairo, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cairo in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cairo, GA

How long does it take to sell a home in Cairo, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days403 Days+5657.1%

Summary: Homes in Cairo had an average of 403 days on market in Oct 2024, up by 5657.1% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cairo 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 Cairo; 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.

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

Report Updated 20 Days Ago

Newest Listings in Cairo, GA

Nearby Markets to Cairo, GA