Dougherty Realtors

Dougherty Realtors Real Estate Report

Albany, GA Dougherty County Market Report

Core Market Metrics (2025 average)

• Median Sale Price: $168,905 — represents the typical home sold price for January to November 2025.
• Monthly Home Sales: approximately 18 homes sold per month.
• Inventory (Active Listings): roughly 99 homes available each month.
• Months of Supply: approximately 6.2 months, indicating a balanced to buyer-leaning market dynamic.
• Days on Market: around 55–68 days, with Realtor.com reporting an average of 68 days in October 2025.
• Price Per Sq. Ft.: approximately $94/sq ft, notably lower than many larger markets.
• Active Listings (Oct 2025): 639 homes for sale, signifying a relatively broad inventory.
• Median Rent: approximately $800/month, representing modest rental costs relative to many U.S. cities.

Trend Summary
• The market offers affordable pricing in comparison to national levels, characterized by modest home price benchmarks and more inventory than tighter markets.
• Days on market suggest a moderate pace of sales, neither extremely fast nor stagnant.
• Inventory and months of supply indicate balanced or buyer-friendly market dynamics.

Key Takeaways for Albany
• This market presents opportunities for buyers or investors seeking affordable entry-level properties with stable rental yields.
• Sellers should price competitively, anticipating sales cycles of 1.5–3 months on average.

Leesburg, GA Lee County Market Report

Leesburg, GA Real Estate Market (Lee County / City of Leesburg)

Core Market Metrics (Oct 2025 snapshot)
• Median Home Price: $325,000, representing the median listing/sale price.
• Price Per Sq. Ft.: approximately $162/sq ft.
• Active Listings: 157 homes for sale.
• Avg Days on Market: 65 days, slower than hyper-competitive areas but still active.
• Median Rent: $1,997/month, significantly higher than Albany, reflecting different rental market dynamics.
• Sale-to-List Price Ratio: approximately 100%, indicating homes tend to sell near asking price.

Trend Insights
• Year-over-year home prices increased by 10.9%, demonstrating solid price growth.
• Inventory decreased slightly year-over-year (-6.85% active listings), signifying stable but not oversaturated supply.
• Days on market rose 24.6% year-over-year, indicating properties are taking longer to sell compared to the prior year.
• Rental counts declined (-50% YoY), while median rents increased significantly (+22.38% YoY).

Key Takeaways for Leesburg
• Leesburg's market offers a mid-range price point relative to Albany, with strong rent levels suggesting investor appeal.
• Market dynamics are balanced, with homes often selling near list price and at a moderate pace.
• Leesburg provides a deeper choice of listings per capita compared to some rural markets, yet remains a smaller market relative to nearby metros.

For sale: 1306 Grey, 3 bedrooms, 1 bathroom, $117,000. Call 229-883-2223. DR