FMLS Residential · school

Cass

Closed sales series. Latest median $300,198 (-10.9% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 227 active · 10 under contract · 32 pending. Total residential listings by status: 269.

Data confidence: High. 431 closings in the last 12 months. Enough closings to read a trend.

Latest median$300,198-10.9% YoY
Months of supply8.1Buyer-leaning · 6.3 on 36/mo trailing-12
$/SF$155-11.9% YoY
DOM37+32.1% YoY
Sale/list98.7%53.6% below

Versus the FMLS footprint

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

Median price-24.0%$300,198 vs $395,000 FMLS-wide
$/SF-16.9%$155 vs $187 FMLS-wide
DOM+12%37 days vs 33 FMLS-wide
Sale/list-0.1 pts98.7% vs 98.8%

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.

83
Buyer window

3-month volume-weighted median $325,135 (-3.9% vs same 3 months last year) on 108 closings. Latest month is $300,198. Confidence: Moderate (108 closings in 3 months).

3-month $/SF is down 3.6% versus the same 3 months last year.

Months of supply95
8.1 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 price55
-3.9% · 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
2.82 · 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)90
0.14 · 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 reduced90
54% · 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 trend68
+17.7% · 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

8.1 months of supply on last month’s pace (227 active ÷ 28 closings). 6.3 months on the trailing-12 pace (average 36 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 53.6% of last month’s closings were below list. Days on market are up 32% from a year ago.

Homes for sale near Cass, GA →

How homes actually closed

Above list7.1%More than 1% over list
At list39.3%Within 1% of list
Below list53.6%More than 1% under list
Price reduced53.6%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)0.1432 pending ÷ 237 (active + under contract)
New / closed2.8279 listed in 30 days vs 28 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 Cass

High confidence. 431 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $329,646. About $170 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 8.1 months of supply on last month’s pace. Expect about 36 days if you price correctly. Longer than that usually means the price is high.
  • 53.6% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near Cass, GA →

What this means if you are listing in Cass

  • Price to the closed median and $/SF here ($300,198, $155), not the FMLS-wide number. This market is below the FMLS footprint by 24.0% on median.
  • With 8.1 months of supply, expect about 37 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 53.6% of recent closings were below list and 53.6% 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 near Cass, 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 53.6% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 24%. 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 $300k10338.3%
$300–500k12446.1%
$500–750k3111.5%
$750k–1M103.7%
$1M+10.4%

Property types

TypeListedMedian ask
Single Family Residence222$359,450
Townhouse46$249,900
Condominium1$235,000

227 active, 10 under contract, 32 pending. 79 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

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

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202628$300,198$1553798.7%53.6%53.6%
Aug 202639$316,900$1794298.7%51.3%43.6%
Jul 202641$350,000$1773499.6%41.5%48.8%
Jun 202637$319,900$17929100.0%29.7%40.5%
May 202652$336,000$1633799.6%42.3%50.0%
Apr 202634$303,875$1793198.9%54.5%29.4%
Mar 202643$344,000$1783799.7%44.2%37.2%
Feb 202625$325,145$1484499.1%48.0%32.0%
Jan 202621$320,000$1604998.0%61.9%47.6%
Dec 202547$330,000$1664499.2%46.8%48.9%
Nov 202536$344,840$1822699.7%44.4%33.3%
Oct 202528$348,500$1593398.9%53.6%35.7%
Sep 202535$336,885$17628100.0%42.9%54.3%
Aug 202541$360,000$1732199.5%45.0%41.5%
Jul 202536$315,000$18730100.0%40.0%41.7%
Jun 202546$332,568$1691998.6%56.5%32.6%
May 202541$334,300$1693199.0%48.8%46.3%
Apr 202542$350,000$17924100.0%39.0%38.1%
Mar 202530$353,500$1792499.8%43.3%23.3%
Feb 202526$314,500$1874499.3%50.0%30.8%
Jan 202528$332,250$1903199.2%42.9%39.3%
Dec 202437$339,990$19019100.0%32.4%32.4%
Nov 202428$330,495$1793598.6%57.1%39.3%
Oct 202440$355,983$1933499.3%47.5%37.5%

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

Homes for sale near Cass, GA → · ← FMLS report