Residential · city

Mcdonough market report

Closed sales series. Latest median $355,450 (+1.6% YoY). Buyer-leaning on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 495 active · 31 under contract · 84 pending. Total residential listings by status: 610.

Data confidence: High. 798 closings in the last 12 months. Enough closings to read a trend.

Latest median$355,450+1.6% YoY
Months of supply6.7Buyer-leaning · 7.4 on 67/mo trailing-12
$/SF$145-5.8% YoY
DOM34-8.1% YoY
Sale/list100.0%29.7% below

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price-10.0%$355,450 vs $395,000 market-wide
$/SF-22.1%$145 vs $186 market-wide
DOM+0%34 days vs 34 market-wide
Sale/list+1.3 pts100.0% vs 98.7%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

72
Buyer window

3-month volume-weighted median $358,929 (-0.1% vs same 3 months last year) on 208 closings. Latest month is $355,450. Confidence: High (208 closings in 3 months).

3-month $/SF is down 7.3% versus the same 3 months last year.

Months of supply73
6.7 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price41
-0.1% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
2.22 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)88
0.16 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced87
49% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend42
+2.4% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

6.7 months of supply on last month’s pace (495 active ÷ 74 closings). 7.4 months on the trailing-12 pace (average 67 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 29.7% of last month’s closings were below list. Days on market are down 8% from a year ago.

Homes for sale in Mcdonough, GA →

How homes actually closed

Above list16.2%More than 1% over list
At list54.1%Within 1% of list
Below list29.7%More than 1% under list
Price reduced48.6%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1684 pending ÷ 526 (active + under contract)
New / closed2.22164 listed in 30 days vs 74 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Mcdonough

High confidence. 798 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $355,450. Price your home off the neighborhood or school district, then check that it still makes sense against this number.
  • 6.7 months of supply. Median days on market 34. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school district, not the citywide median. Homes for sale in Mcdonough, GA →

What this means if you are listing in Mcdonough

  • Price to the closed median and $/SF here ($355,450, $145), not the market-wide number. This market is below the broader market by 10.0% on median.
  • With 6.7 months of supply, expect about 34 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 29.7% of recent closings were below list and 48.6% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Mcdonough, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 48.6% of recent closings had a price reduction.
  • This micro-market diverges from the broader market by 10%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k13021.3%
$300–500k34556.6%
$500–750k10817.7%
$750k–1M152.5%
$1M+122.0%

Property types

TypeListedMedian ask
Single Family Residence554$392,450
Townhouse53$304,993
Condominium3$275,000

495 active, 31 under contract, 84 pending. 164 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 202674$355,450$14534100.0%29.7%48.6%
Sep 202657$362,000$14735100.0%42.1%38.6%
Aug 202677$360,000$14737100.0%40.3%51.9%
Jul 202681$347,000$15035100.0%39.5%46.9%
Jun 202662$364,097$14333100.0%38.7%58.1%
May 202680$374,995$1523599.7%48.8%41.3%
Apr 202665$376,000$14637100.0%29.2%38.5%
Mar 202677$366,990$1464299.3%46.8%37.7%
Feb 202668$381,500$15435100.0%30.9%47.1%
Jan 202638$331,245$15659100.0%31.6%52.6%
Dec 202572$349,995$14752100.0%40.3%55.6%
Nov 202547$375,000$15236100.0%42.6%57.4%
Oct 202583$350,000$1543799.4%46.3%50.6%
Sep 202576$335,000$16143100.0%34.2%53.9%
Aug 202558$404,750$15840100.0%39.7%37.9%
Jul 202586$355,000$15438100.0%41.9%44.2%
Jun 202588$362,450$1593698.9%50.0%46.6%
May 2025102$347,795$15436100.0%45.1%51.0%
Apr 202593$339,000$15845100.0%39.8%44.1%
Mar 202570$342,500$1533499.5%47.1%41.4%
Feb 202569$305,000$1524798.4%56.5%56.5%
Jan 202547$337,500$15754100.0%40.4%44.7%
Dec 202463$340,000$15041100.0%39.7%41.3%
Nov 202474$339,450$15547100.0%36.5%43.2%

Below = closed under 99% of list. Reduced = original list higher than final list.

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