Is Waycross, GA 31501 a buyer’s or seller’s market?
Waycross is a buyer’s market. With about 9.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 11% of U.S. ZIP codes, and #316 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
The Waycross housing market right now
In the three months ending August 31, 2026, 7% of homes in Waycross, GA 31501 sold above their list price, the typical home went under contract in 38 days and there were 9.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold faster (40 days then) and the median sale price rose 12% to $178,923. Overall, Waycross is less competitive than a year ago, which gives buyers more room.
On our competition score, Waycross ranks #316 of 371 GA ZIP codes with enough sales (score 18 out of 100).
Nearby, buyers who want less competition could look at Millwood 31552 (0% sold over asking) or Manor 31550 (0% sold over asking), while Waycross 31503 (11% sold over asking) is even more competitive.
Run the numbers for 31501
Nearby markets
Manor 31550Buyer’s market $124 /sq ftMillwood 31552Seller’s market — /sq ftWaycross 31503Seller’s market $134 /sq ft Browse all markets →Towns like Waycross nearby
Find towns like Waycross in other states →Where Waycross is
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Questions about Waycross real estate
Is Waycross a buyer’s or seller’s market?
A buyer’s market: there were 9.1 months of supply in Waycross, GA 31501 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 Waycross?
The typical home went under contract in 38 days in the latest three months.
Do homes in Waycross sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Waycross?
About 0.96% of a home’s value a year in Ware County, or roughly $3,840 on a $400,000 home.
What is the median home price in Waycross?
The median sale price was $178,923 in the three months ending August 31, 2026, about $106 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