Is Montezuma, GA 31063 a buyer’s or seller’s market?

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

Montezuma is a buyer’s market. With about 32 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply32Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.3%Sold price ÷ list price
Median days on market127Listing to accepted offer
Median price per sq ft$41▼ −53.5% vs. last year

The Montezuma housing market right now

In the three months ending August 31, 2026, 0% of homes in Montezuma, GA 31063 sold above their list price, the typical home went under contract in 127 days and there were 32 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (39 days then) and the median sale price fell 78% to $29,487. Overall, Montezuma is less competitive than a year ago, which gives buyers more room.

Nearby markets

Marshallville 31057Seller’s market $61 /sq ftOglethorpe 31068 — /sq ft Browse all markets →

Where Montezuma is

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Questions about Montezuma real estate

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

A buyer’s market: there were 32 months of supply in Montezuma, GA 31063 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 Montezuma?

The typical home went under contract in 127 days in the latest three months.

Do homes in Montezuma sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.3% of the list price.

What are property taxes in Montezuma?

About 0.98% of a home’s value a year in Macon County, or roughly $3,920 on a $400,000 home.

What is the median home price in Montezuma?

The median sale price was $29,487 in the three months ending August 31, 2026, about $41 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