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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muscogee County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Muscogee County, GA

How much do homes in Muscogee County, GA cost?

Median Sold Price

$210,173

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,173(+2.5%)

Key Takeaway

Homes in Muscogee County have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Muscogee County was $210,173 in October 2024, up 2.5% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $55K$20K
-63.6%
2 $72.5K$75K
+3.4%
3 $155.5K$163K
+4.9%
4 $307.4K$334.4K
+8.8%
5+ $465K$479.1K
+3.0%

Summary: Muscogee County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Counties

Harris County
+11.9%
Muscogee County
+2.5%

Housing Supply in Muscogee County, GA

How many homes are available in Muscogee County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
171187+9.4%

Summary: The Muscogee County real estate market had 187 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 912
+33.3%
3 7685
+11.8%
4 6569
+6.2%
5+ 2020
0.0%

Summary: The Muscogee County 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 33.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2437+54.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muscogee County, expect to pay close to the asking price. 45.2% of homes here sold near the asking price last month.

Summary: A total of 37 homes were sold or pending in Muscogee County in October 2024, up by 54.2% month-over-month. Of the 31 sold homes, 39% were sold under asking, 45% were sold at asking, and 16% were sold over asking.

Days on Market for Muscogee County, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days46 Days-4.6%

Summary: Homes in Muscogee County had an average of 46 days on market in Oct 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 37 homes were sold in Muscogee County; 46% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 19% 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

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