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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mays is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mays was a Neutral Market.

Key Takeaway

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

Housing Prices in Mays, GA

How much do homes in Mays, GA cost?

Median Sold Price

$275,000

$183/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Mays has remained the same since last year.

Summary: The median home sold price in Mays was $275,000 in October 2024, the same as last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $275K$206.5K
-24.9%
3 $270K$275K
+1.9%
4 $300K$315K
+5.0%
5+ $284K-
N/A

Summary: Mays 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 decreased by 24.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Mays
0.0%
Cascades
0.0%
Adamsville
-10.7%

Housing Supply in Mays, GA

How many homes are available in Mays, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2738+40.7%

Summary: The Mays real estate market had 38 homes for sale in October 2024, a 40.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1421
+50.0%
4 59
+80.0%
5+ 00
0.0%

Summary: The Mays 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mays, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Mays in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mays, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days38 Days+675.0%

Summary: Homes in Mays had an average of 38 days on market in Oct 2024, up by 675% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Mays; 50% of homes were sold within 30 days, 50% 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

Newest Listings in Mays, GA

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