FMLS Residential · school

Fannin County

Closed sales series. Latest median $629,000 (-16.4% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 229 active · 6 under contract · 16 pending. Total residential listings by status: 251.

Data confidence: High. 219 closings in the last 12 months. Enough closings to read a trend.

Latest median$629,000-16.4% YoY
Months of supply12.7Buyer-leaning · 12.5 on 18/mo trailing-12
$/SF$288+0.4% YoY
DOM84-14.8% YoY
Sale/list95.0%94.4% below

Versus the FMLS footprint

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

Median price+59.2%$629,000 vs $395,000 FMLS-wide
$/SF+54.3%$288 vs $187 FMLS-wide
DOM+153%84 days vs 33 FMLS-wide
Sale/list-3.9 pts95.0% 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.

81
Buyer window

3-month volume-weighted median $678,038 (-6.8% vs same 3 months last year) on 52 closings. Latest month is $629,000. Confidence: Low (52 closings in 3 months).

3-month $/SF is down 9.2% versus the same 3 months last year.

Months of supply95
12.7 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 price66
-6.8% · 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
3.17 · 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
0.07 · 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 reduced77
44% · 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
+2.3% · 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

12.7 months of supply on last month’s pace (229 active ÷ 18 closings). 12.5 months on the trailing-12 pace (average 18 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 94.4% of last month’s closings were below list. Days on market are down 15% from a year ago.

Homes for sale near Fannin County, GA →

How homes actually closed

Based on 18 closings. One sale moves these percentages by 6 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list5.6%Within 1% of list
Below list94.4%More than 1% under list
Price reduced44.4%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)0.0716 pending ÷ 235 (active + under contract)
New / closed3.1757 listed in 30 days vs 18 closed
Loosening

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

If you own in Fannin County

High confidence. 219 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 $689,390. About $303 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 12.7 months of supply on last month’s pace. Expect about 61 days if you price correctly. Longer than that usually means the price is high.
  • 94.4% 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 Fannin County, GA →

What this means if you are listing in Fannin County

  • Price to the closed median and $/SF here ($629,000, $288), not the FMLS-wide number. This market is above the FMLS footprint by 59.2% on median.
  • With 12.7 months of supply, expect about 84 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 94.4% of recent closings were below list and 44.4% 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 Fannin County, 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 44.4% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 59%. 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 $300k93.6%
$300–500k4718.7%
$500–750k7329.1%
$750k–1M5421.5%
$1M+6827.1%

Property types

TypeListedMedian ask
Single Family Residence250$744,000
Townhouse1$314,900

229 active, 6 under contract, 16 pending. 57 new in the last 30 days.

Median close price

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 202618$629,000$2888495.0%94.4%44.4%
Aug 202618$612,000$2913396.2%77.8%33.3%
Jul 202616$807,500$3143695.9%75.0%37.5%
Jun 202623$636,000$3392896.4%78.3%47.8%
May 202619$675,000$2967096.4%89.5%47.4%
Apr 202614$543,175$2275196.2%85.7%50.0%
Mar 202620$832,500$3561496.7%90.0%20.0%
Feb 202616$755,148$30611396.4%81.3%56.3%
Jan 202612$605,000$3337697.2%66.7%58.3%
Dec 202524$684,000$3118896.9%83.3%62.5%
Nov 202522$737,500$2726595.1%90.9%54.5%
Oct 202517$707,500$2908897.4%82.4%64.7%
Sep 202519$752,500$2879894.6%68.4%78.9%
Aug 202519$826,887$3318294.4%82.4%36.8%
Jul 202516$580,215$3709396.4%75.0%68.8%
Jun 202510$720,000$3164696.3%100.0%40.0%
May 202514$560,000$29910996.9%64.3%57.1%
Apr 202514$635,500$2704097.0%85.7%35.7%
Mar 202512$677,500$3149295.6%90.9%50.0%
Feb 202522$540,000$2777495.2%90.9%54.5%
Jan 20256$849,500$2937394.8%83.3%16.7%
Dec 202423$675,000$2923997.3%65.2%43.5%
Nov 202414$607,500$3374794.4%85.7%42.9%
Oct 202415$650,000$2995897.3%73.3%33.3%

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

Homes for sale near Fannin County, GA → · ← FMLS report