Georgia Housing Market Holds Steady in 2025
Sales Dip Slightly While Prices are Flat
(ATLANTA – Feb. 3, 2026) — Georgia REALTORS® has released its 2025 Annual Report of the Georgia Housing Market, giving a picture of the state of the market at year’s end.
Comparing indicators to the 2024 year-end reports, Median Sales Price held steady at $360,000 (0.0%), while Average Sales Price showed a modest increase to $448,554 (+2.0 percent). Pending Sales dipped 1.4 percent (123,212) and Closed Sales slipped 1.1 percent (123,440). New Listings rose to 211,349 (+7.8 percent).
Regarding supply, pace, and seller leverage, Months Supply increased to 3.9 (+14.7 percent) and Homes for Sale climbed to 40,189 (+13.1 percent). Despite these positive indicators, inventory remains tight throughout the state. Overall, homes took longer to sell, with Days on Market up to 56 (+21.7 percent), while sellers received 95.4 percent of original list price (-1.0 percent) on average.
“I think it’s accurate to say that Georgia’s housing market is moving toward balance between buyers and sellers, and away from the red-hot seller’s market that we’ve seen in recent years,” say Brianne Drake, 2026 President of the Georgia REALTORS®. “While more inventory has come on the market throughout the state, we still have a way to go before we describe inventory as plentiful.”
The report shows indicators for Georgia’s most populous areas – City of Atlanta, the 28-county Greater Atlanta Metro area, Columbus, Macon, Augusta, and Savannah. Columbus posted the largest Median Price gain at 10.3 percent, while Macon posted the second highest increase at 5.6 percent. Savannah posted the most significant increase of Inventory at 29.6 percent, while Macon posted the second highest increase at 25.1 percent.
In comparing property types, single-family vs. townhome/condo, the indicators are similar to the overall trends:
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- One-year price change: Single-family 0.0 percent; townhome/condo -1.5 percent.
- Average days on market: Single-family 55; townhome/condo 59.
- Percent of original list price received: 95.5 percent for both types.
- Townhome/condo market share (top areas): led by the City of Atlanta (28.7 percent) and the Atlanta Metro 28-county area (12.0 percent), followed by Augusta (10.8 percent) and Savannah (10.1 percent).
New Construction inventory peaked in Oct. 2025 at 1,864 homes. At year end, Months Supply was 4.2 for new construction vs. 3.7 for previously owned homes. New Construction also captured a higher share of pricing: 98.0 percent of original list price received vs. 95.0 percent for previously owned. New Construction market share was led by Savannah (10.3 percent) and Augusta (8.6 percent).
Looking forward to 2026, Drake is optimistic on the state of Georgia’s housing market. “All indicators give us reason to believe that 2026 will be a year of stabilization and recovery.”
The 2025 Georgia Housing Market Annual Report is compiled from the data of 14 MLSs across the state and represents more than 92 percent of the real estate activity in Georgia.
Georgia REALTORS® is a voluntary professional association comprised of approximately 49,000 licensed real estate brokers and salespersons engaged in all aspects of the real estate business throughout the state. Georgia REALTORS® is the leading advocate for the real estate industry in Georgia, committed to protecting private property rights and free enterprise, maintaining ethical and professional standards, and enhancing the public’s awareness and confidence in REALTORS®.
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Click here to view the full report
CONTACT:
Brandie Miner
Communications Officer