Residential · neighborhood

Mundy Mill market report

Neighborhood series. Most months are too thin for a median. 25 closings in the last 12 months. Use Gainesville as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 15 active · 0 under contract · 1 pending. Total residential listings by status: 16.

Data confidence: Low. 25 closings in the last 12 months. Too thin for a monthly read. Use live inventory and the surrounding market.

Add as a preferred source on Google

Get our Georgia market reports and listings first in Google Search.

12-month closings25Enough to sketch a range
12-month median$414,460Volume-weighted, not one month
12-month $/SF$197Better than the median here
Live active155.0 months of supply
12-month DOM4576.0% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 25 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Gainesville, then adjust for this subdivision’s size, age, and condition.
  • 15 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Mundy Mill, Gainesville →

Versus the broader market

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

Median price+3.8%$410,000 vs $395,000 market-wide
$/SF-11.3%$165 vs $186 market-wide
DOM+68%57 days vs 34 market-wide
Sale/list-1.0 pts97.6% vs 98.7%
Balanced

5.0 months of supply on last month’s pace (15 active ÷ 3 closings). 7.2 months on the trailing-12 pace (average 2 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 100.0% of last month’s closings were below list. Days on market are up 159% from a year ago.

Homes for sale in Mundy Mill, Gainesville →

How homes actually closed

Based on 3 closings. One sale moves these percentages by 33 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list0.0%Within 1% of list
Below list100.0%More than 1% under list
Price reduced100.0%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)0.071 pending ÷ 15 (active + under contract)
New / closed0.331 listed in 30 days vs 3 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Mundy Mill

Low confidence. 25 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $414,460.
  • Start with Gainesville, then adjust for lot, size, age, and condition.
  • 15 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Mundy Mill, Gainesville →
  • Homes that sold in the last year took about 45 days. If you list, price to the 12-month $/SF ($197), not a single recent sale.

What this means if you are listing in Mundy Mill

  • Price to the 12-month median and $/SF ($414,460, $197), not last month and not the market-wide number. Then check it against Gainesville.
  • 5.0 months of supply on last month’s pace. Homes that sold in the last year took about 45 days. Longer than the 12-month DOM usually means the price is high.
  • 76.0% of the last 12 months’ closings were below list. 52.0% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Mundy Mill, Gainesville →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 52.0% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Gainesville, then this subdivision’s 12-month $/SF.
  • Last month had 3 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Mundy Mill, Gainesville →

Live inventory mix

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

Price bands

BandListedShare
$300–500k1487.5%
$500–750k212.5%

Property types

TypeListedMedian ask
Single Family Residence16$419,950

15 active, 0 under contract, 1 pending. 1 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-09
2021-112026-09

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20263$410,000$1655797.6%100.0%100.0%
Aug 20263$485,000$1873998.0%66.7%33.3%
Jun 20262$363,000$2034595.5%100.0%100.0%
May 20261$384,900$21411198.7%100.0%0.0%
Mar 20263$385,000$2043298.6%100.0%33.3%
Feb 20261$375,000$2082697.4%100.0%0.0%
Jan 20264$428,750$2024397.3%75.0%25.0%
Dec 20252$436,250$1964699.8%0.0%50.0%
Nov 20252$428,050$2273797.5%50.0%100.0%
Oct 20252$382,500$2036198.0%100.0%50.0%
Sep 20251$440,000$1804103.5%0.0%0.0%
Aug 20251$387,000$2014298.0%100.0%100.0%
Jul 20253$435,000$2002299.5%33.3%33.3%
Jun 20254$440,000$21011100.0%0.0%25.0%
May 20254$407,500$2082699.2%50.0%25.0%
Apr 20252$395,250$2066196.9%50.0%50.0%
Mar 20254$385,000$18481100.0%25.0%100.0%
Feb 20253$420,000$1975100.0%0.0%0.0%
Jan 20251$374,000$2434696.1%100.0%0.0%
Nov 20242$410,000$1683099.4%50.0%50.0%
Oct 20241$356,000$2226101.7%0.0%0.0%
Sep 20245$420,000$1673598.8%60.0%40.0%
Aug 20241$349,900$2183100.0%0.0%100.0%
Jul 20243$365,000$2044100.0%33.3%0.0%

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

Related markets

Gainesville city trends →