$711 Closing Credit*
$59,900
1,440 SqFt
3 Beds
•2 Full Baths, 2 Partial
Steven T. Koleno, Listing Office: Beycome Brokerage Realty LLC
Is Millen, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Millen has remained a Seller's Market.
Key Takeaway
Millen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millen, GA
How much do homes in Millen, GA cost?
Median Sold Price
$196,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,500(+22.8%)
Key Takeaway
Homes in Millen have sold for 22.8% more than they did a year ago.
Summary: The median home sold price in Millen was $196,500 in October 2024, up 22.8% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131.5K | $120K | -8.7% |
| 3 Bedrooms | $147K | $200K | +36.1% |
| 4 Bedrooms | $199.5K | $246.9K | +23.8% |
| 5+ Bedrooms | $220K | $205K | -6.8% |
Summary: Millen 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 8.7%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 6.8%.
Housing Supply in Millen, GA
How many homes are available in Millen, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Millen real estate market had 28 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Millen 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 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 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 Millen, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Millen in October 2024, up by 25.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Millen, GA
How long does it take to sell a home in Millen, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | +1.1% |
Summary: Homes in Millen had an average of 45 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Millen has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Millen; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
