Is Millwood, GA 31552 a buyer’s or seller’s market?
Millwood is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Millwood housing market right now
In the three months ending August 31, 2026, 0% of homes in Millwood, GA 31552 sold above their list price, the typical home went under contract in 0 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 faster (150 days then) and the median sale price fell 94% to $24,989. Overall, Millwood is more competitive than a year ago, so tougher for buyers.
Nearby, Waycross 31503 (11% sold over asking) and Waycross 31501 (7% sold over asking) are even more competitive.
Run the numbers for 31552
Nearby markets
Manor 31550Buyer’s market $124 /sq ftWaycross 31501Buyer’s market $106 /sq ftWaycross 31503Seller’s market $134 /sq ft Browse all markets →Where Millwood is
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Questions about Millwood real estate
Is Millwood a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Millwood, GA 31552 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 Millwood?
The typical home went under contract in 0 days in the latest three months.
Do homes in Millwood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Millwood?
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 Millwood?
The median sale price was $24,989 in the three months ending August 31, 2026.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology