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Dynamic.RE · SFR Market Intelligence

Macon, Georgia Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Sep 2026
Dynamic.RE Verdict
Balanced Market
Neither side has the edge. We compare Macon with 2017–2019 at this time of year: there are 27 pending sales per 100 listings, against 15 then; 19% of sellers have cut their price, against 14% then; there are 23% more homes for sale.
Median list price
$195,292
+0.2%
Demand : Supply
0.27
Days on market
73 days
Time to go under contract

The median asking price in Macon is about $195,000 as of Sep 2026, about the same as a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Only on the right house. Neither side has the upper hand in Macon right now. The signals split. Compared with 2017–2019 at this time of year, there are 27 pending sales per 100 listings, against 15 then, but 19% of sellers have cut their price, against 14% then. The market will not hand you a discount. You have to find it in one specific listing.

01
The market at a glance
Median $ / sqft
$116
Active inventory
817
New listings / mo
204
Days on market
73 days
Price-cut share
18.8%
Pending sales
223
02
Where we are in the cycle
Median asking price
$195,292
11% below the Jul 2023 peak of $220K
Homes for sale
817
3.0× the Mar 2021 low of 268
Days to sell
73 days
2.0× the 36-day Jun 2022 low
03
The renter economy
46%
Renter share · of occupied homes
16.6%
Vacant homes · all units
$55.3K
Median household income
3.9×
Price-to-income · list ÷ income
04
What this means for investors

What stands out in Macon?

  • The median asking price is $195,292: one of the cheapest of 765 tracked cities. Low entry prices help cash flow, but check what keeps them low before you buy.
  • The median household earns $55,273 a year: among the lowest incomes of 765 tracked cities. Rents are capped by what local households earn.
  • 16.6% of homes are vacant: among the highest vacancy of 765 tracked cities. Tenants have choices. Budget extra vacancy.

Are Macon price gains broad or limited to a few ZIP codes?

Asking price per square foot in Macon is up 4.2% over the last year. 6 of the 8 ZIP codes with at least 10 listings rose. 31206 led at up 14.3%, and 31217 trailed at down 6.8%. Broad gains like these are harder to fade. Over five years the pace has been 4.8% a year. Underwrite closer to that than to the last twelve months.

How does Macon compare with other Georgia markets?

Ranked among the 11 Georgia markets we track:

  • Asking price: 2nd cheapest of 11. Macon is at $195,292. Closest: Albany and Columbus.
  • Buyer competition: 3rd least competitive of 8. Macon is at 0.27 buyers per home. Closest: Savannah and Alpharetta.
  • Time on market: 2nd longest time on market of 11. Macon is at a median of 73 days on market. Closest: Valdosta and Savannah.
  • Price cuts: 4th fewest price cuts of 11. Macon is at 19% of sellers cutting. Closest: Roswell and Columbus.

Is now a good time to buy in Macon?

The median asking price is 11.2% below its Jul 2023 peak. Per square foot the gap is smaller: 1.1% below the Jul 2026 high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house. Macon prices have risen in 97 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

Who will rent from you in Macon?

In Macon, 46 out of every 100 households rent. That is nearly half. That share has held steady for five years. Macon added about 900 renter households in five years. Renter households average 2.4 people. Two and three bedrooms fit the typical renter.

Households grew 2% in five years. The housing stock grew 2%. The two are moving in step. 16.6% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

The median Macon household earns $55,273 a year. Incomes here have grown 4.3% a year since 2019. Incomes and home prices are rising in step. A typical home costs 3.5 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $1,382 a month.

To see what one Macon address would rent for and cash flow, run it through the app.

How much can you negotiate in Macon?

For every 100 homes still for sale, 27 are under contract. In 2017–2019 at this time of year it was 15. The rest are still waiting for a buyer. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

The typical Macon listing has been on the market 73 days. That is 9% longer than a year ago. There are 817 homes for sale in Macon. That is 3.0 times the tightest month on record, but below the peak of 1,050. Supply is growing against last year.

What to do about it

  • Start in 31201, 31210, and 31204, where sellers are weakest: in 31201, 12% of sellers have cut and the typical listing has been up 100 days.
  • Look for listings older than 90 days with a price cut.

What numbers should you underwrite a Macon deal with?

  • Price growth to assume — +4.8%/yr. Macon has grown about 4.8% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 4.2% over the last year. Use it for timing. The five-year rate is the better guide.
  • Months of carrying cost — 3. Budget at least 73 days of holding costs, the current median listing age, when you exit or refinance. That is 9% longer than a year ago.
  • Comp on price per square foot — $116/sqft. The typical Macon listing shrank from 2,007 to 1,844 sqft since Jul 2016. So median price hides real growth: 68% per sqft versus 39% on the median. Comp on median price and you will overpay for small homes.
  • Competition when you exit — +13%. Homes for sale in Macon are up 13% on last year, so your resale faces more competition than today's comps did.

Read when a cheap market is a warning and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in Macon?

The median asking price in Macon is about $195,000 as of Sep 2026, about the same as a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Macon figures cover the 17 ZIP codes with a Macon mailing address, which can reach past city limits.

Is Macon a buyer's or seller's market in 2026?

Neither side has the upper hand in Macon right now. We compare Macon with 2017–2019 at this time of year: there are 27 pending sales per 100 listings, against 15 then; 19% of sellers have cut their price, against 14% then; there are 23% more homes for sale.

Are Macon home prices going up or down?

The median asking price is 11.2% below its Jul 2023 peak. Per square foot the gap is smaller: 1.1% below the Jul 2026 high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house.

Which Macon ZIP code has the most negotiating room?

31201. Only 11 homes under contract for every 100 still for sale. 12% of sellers there have cut their price, and the typical listing has been up 100 days.

What is the best month to buy a house in Macon?

Across 9 full years, Macon asking prices ran lowest in April, about 7.0% below the year's average. They peaked in August. The most homes for sale show up in October, about 4% above the yearly average.

What price growth should I assume for Macon?

Assume +4.8% a year. Macon has grown about 4.8% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 4.2% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Macon?

HUD's fiscal year 2026 fair market rent for Bibb County is $1,307 a month for 2 bedrooms and $1,567 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Where buyers have the most leverage in Macon

  • 3120148 for sale · 12% cutting · 100 daysOnly 11 homes under contract for every 100 still for sale.
  • 31210161 for sale · 27% cutting · 73 daysOnly 25 homes under contract for every 100 still for sale.
  • 31204176 for sale · 20% cutting · 73 daysOnly 21 homes under contract for every 100 still for sale.
  • 3121184 for sale · 16% cutting · 87 daysOnly 30 homes under contract for every 100 still for sale.
  • 31206142 for sale · 19% cutting · 59 daysOnly 15 homes under contract for every 100 still for sale.

Where Macon prices are climbing fastest

ZIP 31201 is on both lists. That is rare. It is the one place in Macon where leverage and growth overlap.

ZIP$/sqft, 2 yrs$/sqft nowBuyers per homeFor sale
31201+21.0%$1220.1148
31204+13.1%$980.21176
31206+11.5%$880.15142
31211+6.6%$1280.3084
31217+2.0%$820.3563

Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.

Which ZIP codes are in Macon?

Macon has 17 ZIP codes. Each links to its live market dashboard.

  • 3120148 for sale · 12% cutting · 100 daysOnly 11 homes under contract for every 100 still for sale.
  • 312021 for saleToo few listings to read the market. The dashboard has the history.
  • 31203No homes listed for sale right now
  • 31204176 for sale · 20% cutting · 73 daysOnly 21 homes under contract for every 100 still for sale.
  • 31205No homes listed for sale right now
  • 31206142 for sale · 19% cutting · 59 daysOnly 15 homes under contract for every 100 still for sale.
  • 312072 for saleToo few listings to read the market. The dashboard has the history.
  • 31208No homes listed for sale right now
  • 312091 for saleToo few listings to read the market. The dashboard has the history.
  • 31210161 for sale · 27% cutting · 73 daysOnly 25 homes under contract for every 100 still for sale.
  • 3121184 for sale · 16% cutting · 87 daysOnly 30 homes under contract for every 100 still for sale.
  • 31213No homes listed for sale right now
  • 3121682 for sale · 14% cutting · 81 daysOnly 53 homes under contract for every 100 still for sale.
  • 3121763 for sale · 9% cutting · 70 daysOnly 35 homes under contract for every 100 still for sale.
  • 3122059 for sale · 21% cutting · 53 daysOnly 45 homes under contract for every 100 still for sale.
  • 312211 for saleToo few listings to read the market. The dashboard has the history.
  • 31295No homes listed for sale right now
07
Where else to look

Markets similar to Macon

Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.

  • Valdosta, GA — $282,881 median, 67 days on market, 21% of sellers cutting
  • Albany, GA — $148,577 median, 60 days on market, 16% of sellers cutting
  • Columbus, GA — $204,856 median, 60 days on market, 17% of sellers cutting
  • Atlanta, GA — $376,544 median, 63 days on market, 22% of sellers cutting
See what a Macon property is actually worth
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