FMLS Residential · school

Langston Hughes

Closed sales series. Latest median $376,000 (+15.7% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 206 active · 5 under contract · 50 pending. Total residential listings by status: 261.

Data confidence: High. 574 closings in the last 12 months. Enough closings to read a trend.

Latest median$376,000+15.7% YoY
Months of supply5.0Balanced · 4.3 on 48/mo trailing-12
$/SF$155-3.1% YoY
DOM29-48.7% YoY
Sale/list100.0%41.5% below

Versus the FMLS footprint

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

Median price-4.8%$376,000 vs $395,000 FMLS-wide
$/SF-17.0%$155 vs $187 FMLS-wide
DOM-12%29 days vs 33 FMLS-wide
Sale/list+1.1 pts100.0% 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.

52
Balanced

3-month volume-weighted median $363,365 (+4.9% vs same 3 months last year) on 137 closings. Latest month is $376,000. Confidence: Moderate (137 closings in 3 months).

3-month $/SF is up 2.8% versus the same 3 months last year.

Months of supply44
5.0 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 price23
+4.9% · 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 / closed82
1.63 · 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)76
0.24 · 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 reduced64
39% · 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 trend20
-14.9% · 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.

Balanced

5.0 months of supply on last month’s pace (206 active ÷ 41 closings). 4.3 months on the trailing-12 pace (average 48 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 41.5% of last month’s closings were below list. Days on market are down 49% from a year ago.

Homes for sale near Langston Hughes, GA →

How homes actually closed

Above list9.8%More than 1% over list
At list48.8%Within 1% of list
Below list41.5%More than 1% under list
Price reduced39.0%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)0.2450 pending ÷ 211 (active + under contract)
New / closed1.6367 listed in 30 days vs 41 closed
Loosening

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

If you own in Langston Hughes

High confidence. 574 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 $360,920. About $155 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 5.0 months of supply on last month’s pace. Expect about 40 days if you price correctly. Longer than that usually means the price is high.
  • 41.5% 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 Langston Hughes, GA →

What this means if you are listing in Langston Hughes

  • Price to the closed median and $/SF here ($376,000, $155), not the FMLS-wide number. This market is below the FMLS footprint by 4.8% on median.
  • With 5.0 months of supply, expect about 29 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 41.5% of recent closings were below list and 39.0% 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 Langston Hughes, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 39.0% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-wide median.
  • 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 $300k8633.0%
$300–500k15057.5%
$500–750k176.5%
$750k–1M20.8%
$1M+62.3%

Property types

TypeListedMedian ask
Single Family Residence216$379,997
Townhouse42$269,900
Condominium3$130,000

206 active, 5 under contract, 50 pending. 67 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 202641$376,000$15529100.0%41.5%39.0%
Aug 202651$365,000$15336100.0%21.6%51.0%
Jul 202645$350,000$16129100.0%22.2%37.8%
Jun 202665$383,290$15726100.0%27.7%46.2%
May 202643$374,900$16340100.0%31.0%48.8%
Apr 202641$350,000$15845100.0%24.4%34.1%
Mar 202655$368,990$15631100.0%30.9%27.3%
Feb 202646$344,995$14862100.0%17.4%43.5%
Jan 202635$364,990$15754100.0%34.3%51.4%
Dec 202550$367,000$15963100.0%34.0%50.0%
Nov 202538$354,995$14723100.0%26.3%39.5%
Oct 202564$331,620$14448100.0%34.9%45.3%
Sep 202545$325,000$16057100.0%35.6%51.1%
Aug 202570$346,995$14541100.0%38.6%45.7%
Jul 202550$364,995$15435100.0%22.0%40.0%
Jun 202555$363,850$16145100.0%27.3%34.5%
May 202565$345,000$15944100.0%20.0%38.5%
Apr 202567$343,900$15645100.0%35.8%43.3%
Mar 202544$320,900$14139100.0%39.5%43.2%
Feb 202546$310,950$15846100.0%30.4%37.0%
Jan 202544$311,900$16535100.0%20.9%31.8%
Dec 202468$311,900$16532100.0%20.6%26.5%
Nov 202445$308,000$15728100.0%24.4%24.4%
Oct 202462$311,900$16538100.0%35.5%25.8%

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

Homes for sale near Langston Hughes, GA → · ← FMLS report