Is Milledgeville, GA 31061 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Milledgeville is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score14/ 100

More competitive than 7% of U.S. ZIP codes, and #337 of 371 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.1Under 4 months = seller’s market
Sold above original list6.4%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$146▼ −15.2% vs. last year

The Milledgeville housing market right now

In the three months ending August 31, 2026, 6% of homes in Milledgeville, GA 31061 sold above their list price, the typical home went under contract in 77 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 129 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold more slowly (70 days then) and the median sale price fell 21% to $275,381. Overall, Milledgeville is about as competitive as it was a year ago.

On our competition score, Milledgeville ranks #337 of 371 GA ZIP codes with enough sales (score 14 out of 100).

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Where Milledgeville is

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Questions about Milledgeville real estate

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

A balanced market: there were 4.1 months of supply in Milledgeville, GA 31061 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 Milledgeville?

The typical home went under contract in 77 days in the latest three months.

Do homes in Milledgeville sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.

What are property taxes in Milledgeville?

About 0.70% of a home’s value a year in Baldwin County, or roughly $2,800 on a $400,000 home.

What is the median home price in Milledgeville?

The median sale price was $275,381 in the three months ending August 31, 2026, about $146 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