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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Midland is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Midland was a Seller's Market.

Key Takeaway

Midland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Midland, GA

How much do homes in Midland, GA cost?

Median Sold Price

$465,495

$153/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$145,545(+45.5%)

Key Takeaway

Homes in Midland have sold for 45.5% more than they did a month ago.

Summary: The median home sold price in Midland was $465,495 in November 2024, up 45.5% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $349.9K$465.4K
+33.0%
5+ $290K-
N/A

Summary: Midland housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 33%, and 5+ bedroom homes did not change.

Housing Supply in Midland, GA

How many homes are available in Midland, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Midland real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 109
-10.0%
5+ 88
0.0%

Summary: The Midland 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 increased by 50%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Midland, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Midland in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Midland, GA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
57 Days12 Days-78.6%

Summary: Homes in Midland had an average of 12 days on market in Nov 2024, down by 78.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Midland; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Midland, GA

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What housing markets are near Midland, GA?