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McDonough, GA

McDonough, Georgia has seen some significant changes in its real estate market over the past year. As of April 2024, the median home price in McDonough is $322,000, reflecting a decrease of 6.7% compared to the previous year. Homes in this area typically sell after 29 days on the market, a significant reduction from 52 days last year​ (Redfin)​​ (Realtor)​.

Market Trends and Statistics

  • Median Listing Price: $333,900 (up 1.2% year-over-year)
  • Median Listing Price per Square Foot: $163
  • Median Sold Price: $312,500
  • Sale-to-List Price Ratio: Homes are selling for approximately 100% of their listing price
  • Days on Market: On average, homes stay on the market for 79 days, which is a slight increase from previous months​ (Realtor)​.

Buyer and Seller Insights

  • Market Balance: The market in McDonough is currently balanced, indicating an equal demand from buyers and supply from sellers.
  • Migration Trends: A majority of homebuyers (78%) are looking to stay within the McDonough metropolitan area. Popular destinations for those moving out include Macon, Washington, and Savannah. Conversely, McDonough is attracting buyers from large metros like New York, Los Angeles, and San Francisco​ (Redfin)​.

Griffin, GA

Griffin, Georgia, has shown a dynamic real estate market with several key trends and statistics as of 2024. The median home price in Griffin stands at approximately $275,000, which represents a stable market condition with moderate price growth compared to the previous year. Homes in Griffin typically sell after about 45 days on the market, indicating a balanced supply and demand scenario.

Market Trends and Statistics

  • Median Listing Price: $275,000
  • Median Listing Price per Square Foot: $148
  • Median Sold Price: $265,000
  • Sale-to-List Price Ratio: Homes are selling for about 96% of their listing price
  • Days on Market: On average, homes in Griffin are listed for about 45 days before being sold【18】【19】.

Buyer and Seller Insights

  • Market Balance: The Griffin market remains balanced, with steady interest from both buyers and sellers.
  • Inventory Levels: Inventory levels in Griffin have remained relatively tight, which supports stable price appreciation. New listings have seen slight increases, helping to maintain the balance between supply and demand【20】.

What Our Clients Say

"I recently used the Shannon Sells Team to sell my home. It was an amazing experience from start to finish. Christy Barnard was my agent and she made the entire experience effortless. She met with me to explain the process and once the home was listed, she kept me updated every step of the way. I was living out of town when my home was on the market and Christy’s frequent updates and exceptional communication put me at ease. Once we got an offer on my home, the team made the entire closing process simple. If you’re looking to buy/sell your home, I highly recommend this team." – Christian Hampton
"Sherry was an absolute pleasure to work with. She really went over and above to make sure that we had the property sales ready and at the right market price. We sold in only two days. I would use their services again and again." – dlmoten
"This has been the easiest experience I've had selling a home. Briana Watts was extremely attentive, and I feel she looked out for my best interest at all times. Shannon Sells Team was also very involved with the process and made it easy for me to be guided through every step. From the time the sign went up until closing was less than two weeks!!! I'm extremely pleased and recommend Shannon Sells Team." – Christy Moore