Is Murray County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Murray County has remained a Seller's Market.
Housing Prices in Murray County, GA
How much do homes in Murray County, GA cost?
Median Sold Price
$232,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Murray County was $232,500 in April 2024, down 2.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $36K | -82.0% |
2 Bedrooms | $199.5K | $135K | -32.3% |
3 Bedrooms | $230K | $235K | +2.2% |
4 Bedrooms | $272K | $321.9K | +18.3% |
5+ Bedrooms | $337.5K | $330K | -2.2% |
Summary: Murray County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82%, 2 bedroom homes decreased by 32.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Counties
Whitfield County | $233K | $267.5K | +14.8% |
Bradley County | $294.2K | $309.2K | +5.1% |
Gilmer County | $428.6K | $449.9K | +5.0% |
Gordon County | $255.9K | $265.1K | +3.6% |
Murray County | $238K | $232.5K | -2.3% |
Housing Supply in Murray County, GA
How many homes are available in Murray County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 83 | 0.0% |
Summary: The Murray County real estate market had 83 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 55 | 52 | -5.5% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Murray County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 18 | -25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Murray County in April 2024, down by 25.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 38 Days | -53.6% |
Summary: Homes in Murray County had an average of 38 days on market in Apr 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Murray County; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.