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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Douglas was a Buyer's Market.

Key Takeaway

Douglas 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 Douglas, GA

How much do homes in Douglas, GA cost?

Median Sold Price

$255,000

$129/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$171,150(-40.2%)

Key Takeaway

Homes in Douglas have sold for 40.2% less than they did a month ago.

Summary: The median home sold price in Douglas was $255,000 in November 2024, down 40.2% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$255K
N/A
4 -$351K
N/A
5+ $426.1K-
N/A

Summary: Douglas housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Douglas, GA

How many homes are available in Douglas, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Douglas real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 68
+33.3%
5+ 43
-25.0%

Summary: The Douglas 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Douglas in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Douglas, GA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days9 Days+3.7%

Summary: Homes in Douglas had an average of 9 days on market in Nov 2024, up by 3.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Douglas are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Douglas; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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