$1,900 Closing Credit*
$160,000
3 Beds
•2 Full Baths
Mariana Aguilera, Listing Office: Virtual Properties Realty.com
Is Mc Rae Helena, 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, Mc Rae Helena was a Neutral Market.
Key Takeaway
Mc Rae Helena is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Rae Helena, GA
How much do homes in Mc Rae Helena, GA cost?
Median Sold Price
$138,000
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,900(-1.4%)
Key Takeaway
Homes in Mc Rae Helena have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Mc Rae Helena was $138,000 in November 2024, down 1.4% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $93.7K | $83K | -11.5% |
| 3 Bedrooms | $141.7K | $138K | -2.6% |
| 4 Bedrooms | $148.5K | $174K | +17.2% |
| 5+ Bedrooms | $125K | $275K | +120.0% |
Summary: Mc Rae Helena 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 decreased by 11.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 120%.
Median Sold Price Compared To Nearby Cities
| McRae-Helena | $132.4K | $137K | +3.4% |
| Mc Rae Helena | $139.9K | $138K | -1.4% |
Housing Supply in Mc Rae Helena, GA
How many homes are available in Mc Rae Helena, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The Mc Rae Helena real estate market had 21 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Mc Rae Helena 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 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 Mc Rae Helena, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mc Rae Helena in November 2024, up by 20.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Rae Helena, GA
How long does it take to sell a home in Mc Rae Helena, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 42 Days | +14.4% |
Summary: Homes in Mc Rae Helena had an average of 42 days on market in Nov 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mc Rae Helena are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Mc Rae Helena; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
