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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milner is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Milner has remained a Seller's Market.

Key Takeaway

Milner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Milner, GA

How much do homes in Milner, GA cost?

Median Sold Price

$292,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,500(+17.0%)

Key Takeaway

Homes in Milner have sold for 17% more than they did a year ago.

Summary: The median home sold price in Milner was $292,500 in November 2024, up 17% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$123K
N/A
2 $65K$715K
+1000.0%
3 $251K$276K
+10.0%
4 $250K$371.5K
+48.6%
5+ -$290K
N/A

Summary: Milner 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 increased by 1000%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 48.6%, and 5+ bedroom homes did not change.

Housing Supply in Milner, GA

How many homes are available in Milner, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
26260.0%

Summary: The Milner real estate market had 26 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1413
-7.1%
4 911
+22.2%
5+ 11
0.0%

Summary: The Milner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milner, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Milner in November 2024, up by 25.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Milner, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days28 Days+135.4%

Summary: Homes in Milner had an average of 28 days on market in Nov 2024, up by 135.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Milner; 40% of homes were sold within 30 days, 40% 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 18 Days Ago

Newest Listings in Milner, GA

Nearby Markets to Milner, GA