$2,374 Closing Credit*
$199,900
576 SqFt
1 Bed
•1 Full Bath
Jennifer L Engel, Listing Office: Compass
Is Mechanicsville, 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, Mechanicsville was a Seller's Market.
Key Takeaway
Mechanicsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mechanicsville, GA
How much do homes in Mechanicsville, GA cost?
Median Sold Price
$270,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,000(+11.1%)
Key Takeaway
Homes in Mechanicsville have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Mechanicsville was $270,000 in October 2024, up 11.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152K | $205K | +34.9% |
| 2 Bedrooms | $240K | $247K | +2.9% |
| 3 Bedrooms | $277K | $270K | -2.5% |
| 4 Bedrooms | $540K | $360K | -33.3% |
| 5+ Bedrooms | $525K | - | N/A |
Summary: Mechanicsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.9%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Mechanicsville | $243K | $270K | +11.1% |
| Castleberry Hill | $302K | $330K | +9.3% |
| Pittsburgh | $300K | $299.5K | -0.2% |
Housing Supply in Mechanicsville, GA
How many homes are available in Mechanicsville, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Mechanicsville real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Mechanicsville 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mechanicsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Mechanicsville in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Mechanicsville, GA
How long does it take to sell a home in Mechanicsville, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 173 Days | +850.5% |
Summary: Homes in Mechanicsville had an average of 173 days on market in Oct 2024, up by 850.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Mechanicsville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Mechanicsville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.