$1,841 Closing Credit*
$155,000
1 Bed
•1 Full Bath
Cory Reck, Listing Office: Metro West Realty Group LLC
Is Macedonia, 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, Macedonia was a Seller's Market.
Key Takeaway
Macedonia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Macedonia, GA
How much do homes in Macedonia, GA cost?
Median Sold Price
$429,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,500(+10.4%)
Key Takeaway
Homes in Macedonia have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Macedonia was $429,500 in October 2024, up 10.4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | $172K | -6.8% |
| 2 Bedrooms | $332.5K | $240K | -27.8% |
| 3 Bedrooms | $425K | $508K | +19.5% |
| 4 Bedrooms | $550K | $775K | +40.9% |
| 5+ Bedrooms | $925K | $1.2M | +33.2% |
Summary: Macedonia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Macedonia | $389K | $429.5K | +10.4% |
| Sautee Nacoochee | $379K | $400K | +5.5% |
| Hayesville Township | $404.5K | $393.5K | -2.7% |
| Hiawassee Township | $500K | $390K | -22.0% |
Housing Supply in Macedonia, GA
How many homes are available in Macedonia, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 96 | +5.5% |
Summary: The Macedonia real estate market had 96 homes for sale in October 2024, a 5.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 30 | 29 | -3.3% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Macedonia 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 decreased by 3.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macedonia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Macedonia in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Macedonia, GA
How long does it take to sell a home in Macedonia, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 64 Days | +24.0% |
Summary: Homes in Macedonia had an average of 64 days on market in Oct 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Macedonia has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Macedonia; 0% of homes were sold within 30 days, 100% 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.