FMLS Residential · school

Stephenson

Closed sales series. Latest median $315,000 (+5.5% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 64 active · 4 under contract · 18 pending. Total residential listings by status: 86.

Data confidence: High. 281 closings in the last 12 months. Enough closings to read a trend.

Latest median$315,000+5.5% YoY
Months of supply4.3Balanced · 2.7 on 23/mo trailing-12
$/SF$131-7.2% YoY
DOM15-70.6% YoY
Sale/list100.0%40.0% below

Versus the FMLS footprint

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

Median price-20.3%$315,000 vs $395,000 FMLS-wide
$/SF-29.6%$131 vs $187 FMLS-wide
DOM-55%15 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.

55
Softening

3-month volume-weighted median $318,161 (-0.4% vs same 3 months last year) on 56 closings. Latest month is $315,000. Confidence: Low (56 closings in 3 months).

3-month $/SF is down 3.8% versus the same 3 months last year.

Months of supply32
4.3 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 price42
-0.4% · 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
1.93 · 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)71
0.26 · 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 reduced67
40% · 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
-19.0% · 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

4.3 months of supply on last month’s pace (64 active ÷ 15 closings). 2.7 months on the trailing-12 pace (average 23 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 40.0% of last month’s closings were below list. Days on market are down 71% from a year ago.

Homes for sale near Stephenson, GA →

How homes actually closed

Based on 15 closings. One sale moves these percentages by 7 points. Read the direction, not the exact share.

Above list26.7%More than 1% over list
At list33.3%Within 1% of list
Below list40.0%More than 1% under list
Price reduced40.0%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)0.2618 pending ÷ 68 (active + under contract)
New / closed1.9329 listed in 30 days vs 15 closed
Loosening

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

If you own in Stephenson

High confidence. 281 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 $322,823. About $142 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 4.3 months of supply on last month’s pace. Expect about 30 days if you price correctly. Longer than that usually means the price is high.
  • 40.0% 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 Stephenson, GA →

What this means if you are listing in Stephenson

  • Price to the closed median and $/SF here ($315,000, $131), not the FMLS-wide number. This market is below the FMLS footprint by 20.3% on median.
  • With 4.3 months of supply, expect about 15 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 40.0% of recent closings were below list and 40.0% 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 Stephenson, 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 40.0% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 20%. 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 $300k4552.3%
$300–500k3439.5%
$500–750k78.1%

Property types

TypeListedMedian ask
Single Family Residence83$299,900
Townhouse3$199,000

64 active, 4 under contract, 18 pending. 29 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 202615$315,000$13115100.0%40.0%40.0%
Aug 202627$299,000$14117100.0%37.0%33.3%
Jul 202614$358,500$13726100.0%21.4%28.6%
Jun 202624$309,950$1422499.8%47.8%37.5%
May 202623$315,000$14329100.0%27.3%21.7%
Apr 202619$318,000$12718100.0%21.1%52.6%
Mar 202631$349,990$15051100.0%33.3%48.4%
Feb 202616$356,220$14040100.0%37.5%37.5%
Jan 202614$312,500$1455298.4%64.3%42.9%
Dec 202528$342,500$14628100.0%29.6%42.9%
Nov 202533$320,000$14625100.0%33.3%27.3%
Oct 202537$299,900$14231100.0%32.4%37.8%
Sep 202525$298,500$1425199.3%45.8%44.0%
Aug 202527$360,000$13936100.0%40.7%40.7%
Jul 202522$293,450$1505399.9%40.9%50.0%
Jun 202525$379,000$13921100.0%36.0%8.0%
May 202532$318,700$14233100.0%28.1%59.4%
Apr 202526$329,950$13829100.0%46.2%42.3%
Mar 202525$335,000$14334100.0%44.0%52.0%
Feb 202526$376,500$14129100.0%38.5%23.1%
Jan 202520$264,900$13121100.0%20.0%40.0%
Dec 202446$339,995$1474998.5%54.3%41.3%
Nov 202429$329,000$14133100.0%21.4%51.7%
Oct 202428$332,500$1384896.7%63.0%50.0%

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

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