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Is Meldrim, GA 31318 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88%Sold price ÷ list price
Median days on market106Listing to accepted offer
Median price per sq ft$140▼ −35.6% vs. last year

The Meldrim housing market right now

In the three months ending August 31, 2026, 0% of homes in Meldrim, GA 31318 sold above their list price and the typical home went under contract in 106 days. 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 was about the same (0% then), homes sold more slowly (99 days then) and the median sale price fell 23% to $219,905. Overall, Meldrim is about as competitive as it was a year ago.

Within Effingham County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Springfield 31329 (18% sold over asking) and Guyton 31312 (15% sold over asking) are even more competitive.

Run the numbers for 31318

Prefilled for 31318Can I win this house?Multiple-offer likelihood for a listing Prefilled for 31318Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clyo 31303Buyer’s market $134 /sq ftGuyton 31312Balanced $172 /sq ftRincon 31326Balanced $184 /sq ftSpringfield 31329Balanced $199 /sq ft Browse all markets →

Where Meldrim is

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Questions about Meldrim real estate

How fast do homes sell in Meldrim?

The typical home went under contract in 106 days in the latest three months.

Do homes in Meldrim sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.0% of the list price.

What are property taxes in Meldrim?

About 0.90% of a home’s value a year in Effingham County, or roughly $3,600 on a $400,000 home.

What is the median home price in Meldrim?

The median sale price was $219,905 in the three months ending August 31, 2026, about $140 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