Is Midtown, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Midtown has remained a Seller's Market.
Housing Prices in Midtown, GA
How much do homes in Midtown, GA cost?
Median Sold Price
$385,500
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Midtown was $385,500 in May 2024, up 11.9% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $325K | +80.6% |
3 Bedrooms | $333.7K | $432.5K | +29.6% |
4 Bedrooms | $392.2K | $396.9K | +1.2% |
5+ Bedrooms | $468K | $657.5K | +40.5% |
Summary: Midtown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.6%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 40.5%.
Median Sold Price Compared To Nearby Neighborhoods
Eastside | $349.5K | $421.5K | +20.6% |
Live Oak | $272K | $307.5K | +13.1% |
Midtown | $344.5K | $385.5K | +11.9% |
Housing Supply in Midtown, GA
How many homes are available in Midtown, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Midtown real estate market had 26 homes for sale in May 2024, a 3.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 10 | 7 | -30.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Midtown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Midtown in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Midtown, GA
We’re sorry, we don't have information for this market at the moment