Is Mount Airy, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Airy is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mount Airy, GA

How much do homes in Mount Airy, GA cost?

Median Sold Price

$330,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,050(+13.8%)

Key Takeaway

Homes in Mount Airy have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Mount Airy was $330,000 in October 2024, up 13.8% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $535K$175K
-67.3%
3 $266K$307.5K
+15.6%
4 $345K$384K
+11.3%
5+ $520K$430K
-17.3%

Summary: Mount Airy 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 67.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 17.3%.

Median Sold Price Compared To Nearby Cities

Mount Airy
+13.8%
Cornelia
+13.2%

Housing Supply in Mount Airy, GA

How many homes are available in Mount Airy, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Mount Airy real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1616
0.0%
4 53
-40.0%
5+ 13
+200.0%

Summary: The Mount Airy 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Airy, 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 Mount Airy in October 2024, down by 55.6% 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 Mount Airy, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
91 Days84 Days-7.4%

Summary: Homes in Mount Airy had an average of 84 days on market in Oct 2024, down by 7.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Mount Airy; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Mount Airy, GA

Nearby Markets to Mount Airy, GA