Augusta, GA 30904 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 neighborhood's median sold price is $153,000, which should be treated as the primary indicator of recent market value and used to set realistic offer targets given current transaction evidence.
2. There is a persistent spread between the median listing price $175,000 and the median sold price $153,000, which may indicate seller pricing optimism relative to completed transactions; this gap suggests pricing friction that agents should address with comps and aggressive negotiation strategies.
3. Median days on market at 324 days points to materially slower sales velocity and reduced liquidity, so sellers may need longer marketing windows or price concessions while buyers can expect more time for due diligence and leverage.
4. Market-level signals show a cold sales environment (market temperature: cold) with prices trending down year-over-year, while rents are trending up (rent year-over-year trend: up); combined with moderate interest rate pressure (interest rate pressure: moderate), this suggests opportunity for buy-and-rent strategies but requires careful underwriting against higher financing costs.

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.