Is Meriwether County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meriwether County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Meriwether County was a Seller's Market.

Key Takeaway

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

Housing Prices in Meriwether County, GA

How much do homes in Meriwether County, GA cost?

Median Sold Price

$255,324

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,924(+2.8%)

Key Takeaway

Homes in Meriwether County have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Meriwether County was $255,324 in November 2024, up 2.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $344K$182.9K
-46.8%
2 $140K$129K
-7.9%
3 $231.5K$255K
+10.2%
4 $266.9K$279.9K
+4.9%
5+ $448.4K$308.7K
-31.2%

Summary: Meriwether County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 31.2%.

Median Sold Price Compared To Nearby Counties

Spalding County
+7.3%
Pike County
+7.1%
Meriwether County
+2.8%
Coweta County
+1.0%
Upson County
-1.3%

Housing Supply in Meriwether County, GA

How many homes are available in Meriwether County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7788+14.3%

Summary: The Meriwether County real estate market had 88 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 5058
+16.0%
4 1617
+6.3%
5+ 45
+25.0%

Summary: The Meriwether County 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 increased by 14.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meriwether County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Meriwether County in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Meriwether County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
76 Days46 Days-39.7%

Summary: Homes in Meriwether County had an average of 46 days on market in Nov 2024, down by 39.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Meriwether County; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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 Meriwether County, GA

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What housing markets are near Meriwether County, GA?