Is Pelham, GA 31779 a buyer’s or seller’s market?

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

Pelham is a buyer’s market. With about 10.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$91▼ −4.2% vs. last year

The Pelham housing market right now

In the three months ending August 31, 2026, 14% of homes in Pelham, GA 31779 sold above their list price, the typical home went under contract in 81 days and there were 10.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (85 days then) and the median sale price rose 18% to $199,913. Overall, Pelham is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Baconton 31716 (0% sold over asking), while Camilla 31730 (25% sold over asking) is even more competitive.

Nearby markets

Baconton 31716Seller’s market $81 /sq ftCamilla 31730Buyer’s market $65 /sq ftMeigs 31765 — /sq ftSale City 31784 — /sq ft Browse all markets →

Where Pelham is

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Questions about Pelham real estate

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

A buyer’s market: there were 10.5 months of supply in Pelham, GA 31779 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 Pelham?

The typical home went under contract in 81 days in the latest three months.

Do homes in Pelham sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Pelham?

About 1.32% of a home’s value a year in Mitchell County, or roughly $5,280 on a $400,000 home.

What is the median home price in Pelham?

The median sale price was $199,913 in the three months ending August 31, 2026, about $91 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