FMLS Residential · school

Miller Grove

Closed sales series. Latest median $280,000 (+5.3% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 107 active · 9 under contract · 16 pending. Total residential listings by status: 132.

Data confidence: High. 260 closings in the last 12 months. Enough closings to read a trend.

Latest median$280,000+5.3% YoY
Months of supply6.3Buyer-leaning · 4.9 on 22/mo trailing-12
$/SF$140-2.2% YoY
DOM43-18.9% YoY
Sale/list99.7%41.2% below

Versus the FMLS footprint

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

Median price-29.1%$280,000 vs $395,000 FMLS-wide
$/SF-25.0%$140 vs $187 FMLS-wide
DOM+30%43 days vs 33 FMLS-wide
Sale/list+0.9 pts99.7% 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.

69
Softening

3-month volume-weighted median $276,213 (-1.0% vs same 3 months last year) on 69 closings. Latest month is $280,000. Confidence: Moderate (69 closings in 3 months).

3-month $/SF is down 1.5% versus the same 3 months last year.

Months of supply66
6.3 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 price44
-1.0% · 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
1.88 · 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 reduced83
47% · 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 trend31
-3.8% · 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

6.3 months of supply on last month’s pace (107 active ÷ 17 closings). 4.9 months on the trailing-12 pace (average 22 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 41.2% of last month’s closings were below list. Days on market are down 19% from a year ago.

Homes for sale near Miller Grove, GA →

How homes actually closed

Based on 17 closings. One sale moves these percentages by 6 points. Read the direction, not the exact share.

Above list29.4%More than 1% over list
At list29.4%Within 1% of list
Below list41.2%More than 1% under list
Price reduced47.1%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)0.1416 pending ÷ 116 (active + under contract)
New / closed1.8832 listed in 30 days vs 17 closed
Loosening

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

If you own in Miller Grove

High confidence. 260 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 $269,206. About $146 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 6.3 months of supply on last month’s pace. Expect about 47 days if you price correctly. Longer than that usually means the price is high.
  • 41.2% 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 Miller Grove, GA →

What this means if you are listing in Miller Grove

  • Price to the closed median and $/SF here ($280,000, $140), not the FMLS-wide number. This market is below the FMLS footprint by 29.1% on median.
  • With 6.3 months of supply, expect about 43 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 41.2% of recent closings were below list and 47.1% 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 Miller Grove, 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 47.1% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 29%. 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 $300k11083.3%
$300–500k2216.7%

Property types

TypeListedMedian ask
Single Family Residence64$266,400
Townhouse57$279,990
Condominium11$182,000

107 active, 9 under contract, 16 pending. 32 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 202617$280,000$1404399.7%41.2%47.1%
Aug 202626$272,500$14446100.0%30.8%61.5%
Jul 202626$277,450$15051100.0%30.8%53.8%
Jun 202624$268,450$15438100.0%25.0%58.3%
May 202622$242,650$13255100.0%36.4%50.0%
Apr 202614$264,495$1495399.8%35.7%50.0%
Mar 202631$268,000$16155100.0%32.3%58.1%
Feb 202615$270,000$15155100.0%33.3%53.3%
Jan 202617$275,000$13926100.1%17.6%29.4%
Dec 202522$292,445$14647100.0%31.8%63.6%
Nov 202520$277,450$14734100.0%30.0%60.0%
Oct 202526$247,500$13456100.0%38.5%65.4%
Sep 202523$266,000$1435399.9%43.5%47.8%
Aug 202519$285,000$1404698.2%52.6%36.8%
Jul 202514$291,675$16459100.0%7.1%50.0%
Jun 202519$266,500$15132100.0%31.6%31.6%
May 202512$283,700$14750100.0%25.0%58.3%
Apr 202523$272,000$14458100.0%30.4%52.2%
Mar 202528$263,250$15254100.0%46.4%46.4%
Feb 202512$280,445$18143100.0%33.3%50.0%
Jan 202522$241,250$14845100.0%28.6%54.5%
Dec 202422$284,500$1512499.5%45.5%40.9%
Nov 202420$270,500$15330100.0%45.0%45.0%
Oct 202416$304,482$16438100.0%43.8%31.3%

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

Homes for sale near Miller Grove, GA → · ← FMLS report