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Is Patterson, GA 31557 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Patterson is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$132▼ −19.6% vs. last year

The Patterson housing market right now

In the three months ending August 31, 2026, 13% of homes in Patterson, GA 31557 sold above their list price, the typical home went under contract in 77 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, 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 18%, homes sold faster (94 days then) and the median sale price fell 15% to $182,921. Overall, Patterson is about as competitive as it was a year ago.

Nearby, buyers who want less competition could look at Mershon 31551 (0% sold over asking), while Blackshear 31516 (23% sold over asking) is even more competitive.

Run the numbers for 31557

Prefilled for 31557Can I win this house?Multiple-offer likelihood for a listing Prefilled for 31557Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blackshear 31516Buyer’s market $143 /sq ftMershon 31551 $169 /sq ft Browse all markets →

Towns like Patterson nearby

Find towns like Patterson in other states →
Nahunta, GA31553 · 17 miles away88% similarVery close on income, prices and more Hoboken, GA31542 · 17 miles away88% similarVery close on income, prices and more Axson, GA31624 · 36 miles away84% similarsmaller Alma, GA31510 · 23 miles away83% similarlarger · older homes

Where Patterson is

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Questions about Patterson real estate

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

A balanced market: there were 4.8 months of supply in Patterson, GA 31557 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 Patterson?

The typical home went under contract in 77 days in the latest three months.

Do homes in Patterson sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Patterson?

About 0.83% of a home’s value a year in Pierce County, or roughly $3,320 on a $400,000 home.

What is the median home price in Patterson?

The median sale price was $182,921 in the three months ending August 31, 2026, about $132 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