FMLS Residential · school

Spalding

Closed sales series. Latest median $360,385 (+14.4% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 74 active · 1 under contract · 4 pending. Total residential listings by status: 79.

Data confidence: High. 116 closings in the last 12 months. Enough closings to read a trend.

Latest median$360,385+14.4% YoY
Months of supply6.7Buyer-leaning · 7.7 on 10/mo trailing-12
$/SF$155+16.0% YoY
DOM89+206.9% YoY
Sale/list100.0%20.0% below

Thin market: only 11 closings last month. Medians here move more than in larger cities. Confirm with the parent city or county before you price or offer.

Versus the FMLS footprint

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

Median price-8.8%$360,385 vs $395,000 FMLS-wide
$/SF-17.1%$155 vs $187 FMLS-wide
DOM+170%89 days vs 33 FMLS-wide
Sale/list+1.2 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.

69
Softening

3-month volume-weighted median $326,475 (+7.6% vs same 3 months last year) on 30 closings. Latest month is $360,385. Confidence: Low (30 closings in 3 months).

3-month $/SF is down 3.8% versus the same 3 months last year. Median and $/SF are moving apart. That is usually a change in what sold, not pure appreciation or depreciation.

Months of supply73
6.7 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 price14
+7.6% · 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
2.18 · 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
0.05 · 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 reduced79
45% · 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 trend74
+20.7% · 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

6.7 months of supply on last month’s pace (74 active ÷ 11 closings). 7.7 months on the trailing-12 pace (average 10 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 20.0% of last month’s closings were below list. Days on market are up 207% from a year ago.

Homes for sale near Spalding, GA →

How homes actually closed

Based on 11 closings. One sale moves these percentages by 9 points. Read the direction, not the exact share.

Above list10.0%More than 1% over list
At list70.0%Within 1% of list
Below list20.0%More than 1% under list
Price reduced45.5%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)0.054 pending ÷ 75 (active + under contract)
New / closed2.1824 listed in 30 days vs 11 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 Spalding

High confidence. 116 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 $293,799. About $149 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 6.7 months of supply on last month’s pace. Expect about 54 days if you price correctly. Longer than that usually means the price is high.
  • 20.0% 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 Spalding, GA →

What this means if you are listing in Spalding

  • Price to the closed median and $/SF here ($360,385, $155), not the FMLS-wide number. This market is below the FMLS footprint by 8.8% on median.
  • With 6.7 months of supply, expect about 89 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 20.0% of recent closings were below list and 45.5% 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 Spalding, 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 45.5% 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 $300k3038.0%
$300–500k4557.0%
$500–750k33.8%
$1M+11.3%

Property types

TypeListedMedian ask
Single Family Residence79$335,000

74 active, 1 under contract, 4 pending. 24 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 202611$360,385$15589100.0%20.0%45.5%
Aug 202610$299,500$1507298.6%70.0%50.0%
Jul 20269$315,000$1483799.2%50.0%33.3%
Jun 20267$280,000$1745297.5%57.1%57.1%
May 202616$302,500$1607098.6%56.3%50.0%
Apr 202612$291,000$1484298.7%54.5%41.7%
Mar 20265$230,000$11991100.0%40.0%60.0%
Feb 20268$305,450$1435298.2%62.5%37.5%
Jan 20265$300,000$16267100.0%0.0%80.0%
Dec 20259$304,000$1374096.0%77.8%66.7%
Nov 20259$280,000$14624100.0%44.4%66.7%
Oct 202515$242,990$1442998.8%57.1%26.7%
Sep 20257$315,000$1332999.8%42.9%57.1%
Aug 20257$299,000$17252100.0%42.9%42.9%
Jul 202514$300,000$1613897.8%71.4%35.7%
Jun 202515$268,000$1774898.2%53.3%46.7%
May 202512$257,000$1532699.2%50.0%58.3%
Apr 202517$274,000$16233100.0%29.4%35.3%
Mar 202511$284,900$16921100.0%18.2%36.4%
Feb 202511$242,900$1292497.8%63.6%36.4%
Jan 20259$294,900$1553295.3%55.6%44.4%
Dec 202410$356,495$16657100.0%30.0%30.0%
Nov 202413$284,900$15817100.0%46.2%38.5%
Oct 202412$282,450$14135100.0%16.7%41.7%

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

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