Augusta, GA 30901 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price 151,000, which represents the most reliable signal of transaction-level pricing and suggests current market value for comparable SFR and condominium properties; the broader price trend is showing up year-over-year movements in listed price direction, although actual transaction context should be prioritized.
2. There is a persistent pricing gap between the median listing price 189,900 and the median sold price 151,000, which may indicate seller expectations exceed realized transaction prices and could create pricing friction that buyers can leverage during negotiations.
3. Slower liquidity is evident: the median days on market 172 points to extended marketing periods and reduced sales velocity relative to a faster-moving market, a signal consistent with an overall cold market temperature and elevated interest rate pressure.
4. Local market fundamentals show constrained rental strength and financing headwinds: the median market rent 1,125 is paired with a median price per square foot 123, rents are trending down year-over-year, and mortgage conditions note current rates averaging 6.6% compared with an earlier 5.7% (about 0.9% higher), collectively supporting a more cautious underwriting and investor stance.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.