Is Murray County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Murray County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Murray County, GA

How much do homes in Murray County, GA cost?

Median Sold Price

$260,000

$168/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Murray County has remained the same since last year.

Summary: The median home sold price in Murray County was $260,000 in November 2024, the same as last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $36K-
N/A
2 $159.9K$197.9K
+23.8%
3 $250K$250K
0.0%
4 $300K$400K
+33.3%
5+ $355K$352.5K
-0.7%

Summary: Murray County 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 23.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Counties

Whitfield County
+8.9%
Bradley County
+6.8%
Gordon County
+6.3%
Gilmer County
+5.8%
Murray County
0.0%

Housing Supply in Murray County, GA

How many homes are available in Murray County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
99101+2.0%

Summary: The Murray County real estate market had 101 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1313
0.0%
3 5756
-1.8%
4 2424
0.0%
5+ 56
+20.0%

Summary: The Murray County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21210.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Murray County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Murray County in November 2024, the same as the previous month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Murray County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days40 Days-23.3%

Summary: Homes in Murray County had an average of 40 days on market in Nov 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Murray County; 33% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 10% 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 Murray County, GA

Nearby Markets to Murray County, GA

What housing markets are near Murray County, GA?