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Is Lumber City, GA 31549 a buyer’s or seller’s market?

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

Lumber City is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$123▼ −38.3% vs. last year

The Lumber City housing market right now

In the three months ending August 31, 2026, 0% of homes in Lumber City, GA 31549 sold above their list price, the typical home went under contract in 58 days and there were 12.8 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 50%, homes sold faster (178 days then) and the median sale price fell 36% to $239,896. Overall, Lumber City is less competitive than a year ago, which gives buyers more room.

Run the numbers for 31549

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Nearby markets

Jacksonville 31544 — /sq ftMc Rae Helena 31037Seller’s market $78 /sq ftMc Rae Helena 31055Seller’s market $94 /sq ftMilan 31060 — /sq ft Browse all markets →

Where Lumber City is

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Questions about Lumber City real estate

Is Lumber City a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Lumber City, GA 31549 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 Lumber City?

The typical home went under contract in 58 days in the latest three months.

Do homes in Lumber City sell over asking?

0% of homes sold above their original list price.

What are property taxes in Lumber City?

About 1.12% of a home’s value a year in Telfair County, or roughly $4,480 on a $400,000 home.

What is the median home price in Lumber City?

The median sale price was $239,896 in the three months ending August 31, 2026, about $123 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