Is Macon West, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Macon West is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Macon West was a Seller's Market.

Key Takeaway

Macon West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Macon West, GA

How much do homes in Macon West, GA cost?

Median Sold Price

$158,216

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,519(+7.1%)

Key Takeaway

Homes in Macon West have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Macon West was $158,216 in October 2024, up 7.1% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $15.5K$85.5K
+451.6%
2 $41K$56.5K
+37.8%
3 $130K$149.3K
+14.8%
4 $225K$245K
+8.9%
5+ $370K$384K
+3.8%

Summary: Macon West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 451.6%, 2 bedroom homes increased by 37.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Cities

Macon
+7.9%
Macon West
+7.1%
Rutland
+1.9%
Macon East
-1.7%

Housing Supply in Macon West, GA

How many homes are available in Macon West, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
498573+15.1%

Summary: The Macon West real estate market had 573 homes for sale in October 2024, a 15.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 88107
+21.6%
3 256293
+14.5%
4 103116
+12.6%
5+ 4853
+10.4%

Summary: The Macon West housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6971+2.9%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macon West, you may be able to get a good deal. 66.2% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Macon West in October 2024, up by 2.9% month-over-month. Of the 65 sold homes, 66% were sold under asking, 18% were sold at asking, and 15% were sold over asking.

Days on Market for Macon West, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days38 Days+31.7%

Summary: Homes in Macon West had an average of 38 days on market in Oct 2024, up by 31.7% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 71 homes were sold in Macon West; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 Macon West, GA

Nearby Markets to Macon West, GA

What housing markets are near Macon West, GA?