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Is Menlo, GA 30731 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Menlo is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.1%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$355▲ +72.6% vs. last year

The Menlo housing market right now

In the three months ending August 31, 2026, 0% of homes in Menlo, GA 30731 sold above their list price, the typical home went under contract in 40 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (52 days then) and the median sale price rose 82% to $517,276. Overall, Menlo is more competitive than a year ago, so tougher for buyers.

Nearby, Trion 30753 (25% sold over asking) and Summerville 30747 (16% sold over asking) are even more competitive.

Run the numbers for 30731

Prefilled for 30731Can I win this house?Multiple-offer likelihood for a listing Prefilled for 30731Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lyerly 30730Seller’s market $102 /sq ftSummerville 30747Seller’s market $134 /sq ftTrion 30753Buyer’s market $140 /sq ft Browse all markets →

Towns like Menlo nearby

Find towns like Menlo in other states →
Ider, AL35981 · 14 miles away75% similarolder residents · more homeowners Bryant, AL35958 · 26 miles away75% similarpricier homes ($42K more) · more homeowners Sylvania, AL35988 · 18 miles away71% similaryounger residents · 8 min shorter commute Jasper, TN37347 · 36 miles away71% similarpricier homes ($45K more) · larger

Where Menlo is

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Questions about Menlo real estate

Is Menlo a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Menlo, GA 30731 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Menlo?

The typical home went under contract in 40 days in the latest three months.

Do homes in Menlo sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.1% of the list price.

What are property taxes in Menlo?

About 0.88% of a home’s value a year in Chattooga County, or roughly $3,520 on a $400,000 home.

What is the median home price in Menlo?

The median sale price was $517,276 in the three months ending August 31, 2026, about $355 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology