$5,105 Closing Credit*
$429,900
2,235 SqFt
4 Beds
•2 Full Baths, 1 Partial
Carmen Griffis, Listing Office: South + East Properties
Is Waycross, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Waycross was a Seller's Market.
Key Takeaway
Waycross is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waycross, GA
How much do homes in Waycross, GA cost?
Median Sold Price
$159,900
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,600(-1.6%)
Key Takeaway
Homes in Waycross have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Waycross was $159,900 in October 2024, down 1.6% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $7K | $40K | +471.4% |
| 2 Bedrooms | $91K | $68K | -25.3% |
| 3 Bedrooms | $175K | $165K | -5.7% |
| 4 Bedrooms | $251.2K | $206.9K | -17.6% |
| 5+ Bedrooms | $329K | $282.5K | -14.1% |
Summary: Waycross housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 471.4%, 2 bedroom homes decreased by 25.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Waycross | $162.5K | $159.9K | -1.6% |
| Blackshear | $383K | $287K | -25.1% |
Housing Supply in Waycross, GA
How many homes are available in Waycross, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 83 | +10.7% |
Summary: The Waycross real estate market had 83 homes for sale in October 2024, a 10.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Waycross 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 62.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waycross, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Waycross in October 2024, down by 37.5% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Waycross, GA
How long does it take to sell a home in Waycross, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 49 Days | +11.8% |
Summary: Homes in Waycross had an average of 49 days on market in Oct 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Waycross are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Waycross; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
