$2,066 Closing Credit*
$174,000
1,656 SqFt
3 Beds
•3 Full Baths
Vondesa Lee, Listing Office: Next Move Real Estate
Is Millen, 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, Millen was a Seller's Market.
Key Takeaway
Millen 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 Millen, GA
How much do homes in Millen, GA cost?
Median Sold Price
$199,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+24.4%)
Key Takeaway
Homes in Millen have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in Millen was $199,000 in November 2024, up 24.4% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143K | $120K | -16.1% |
| 3 Bedrooms | $148.5K | $210K | +41.4% |
| 4 Bedrooms | $244K | $249.9K | +2.4% |
| 5+ Bedrooms | $220K | $282.5K | +28.4% |
Summary: Millen 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 16.1%, 3 bedroom homes increased by 41.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 28.4%.
Housing Supply in Millen, GA
How many homes are available in Millen, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Millen real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Millen 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 decreased by 16.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 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 Millen, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Millen in November 2024, down by 33.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 68 Days | +40.5% |
Summary: Homes in Millen had an average of 68 days on market in Nov 2024, up by 40.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Millen has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Millen; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
