$3,384 Closing Credit*
$285,000
1,520 SqFt
3 Beds
•2 Full Baths
Valerie English, Listing Office: GALISTED2SOLD
Is Gay, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Gay was a Neutral Market.
Key Takeaway
Gay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gay, GA
How much do homes in Gay, GA cost?
Median Sold Price
$278,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-1.6%)
Key Takeaway
Homes in Gay have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Gay was $278,000 in November 2024, down 1.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $191.9K | N/A |
| 2 Bedrooms | $180K | - | N/A |
| 3 Bedrooms | $255K | $270K | +5.9% |
| 4 Bedrooms | $435K | $349K | -19.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gay 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 did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Housing Supply in Gay, GA
How many homes are available in Gay, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Gay real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gay 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 increased by 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gay, 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 Gay in November 2024, down by 66.7% month-over-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 Gay, GA
How long does it take to sell a home in Gay, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 299 Days | 23 Days | -92.3% |
Summary: Homes in Gay had an average of 23 days on market in Nov 2024, down by 92.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Gay; 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.