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Macon real estate market overview
- Average Monthly Rent: $1,121
- Home Price/Value Percentage Change: 14.60%
- Median Home Value: $144,526
- Best Time To Sell a Home: December
- Affordability Index: High
- Days To Sell a House: 53
- Job Market: Fair
- Public School Ranking: 36
Location and weather
The charming city of Macon is located in central Georgia, amongst both rolling hills and flat plains. It is the county seat of Bibb County, and was founded at the fall line of the Ocmulgee River. It is the 4th largest city in Georgia, and has a reputation for its beautiful Cherry Blossom trees that bloom in the spring. Macon also has strong music roots, rich history, impressive education, and a wide variety of incredible eats.
Macon's climate is considered to be subtropical; winters are short and mild while summers are warm but comfortable. There is also around 50 inches of rain annually, and hardly any snow.
Population, job market and cost of living
The city of Macon has a population of 97,255, with a growth rate of -0.91% annually.
The job market has decreased by -4.39% over the last year. In ten years, job growth is predicted to be 34.42%. Four major industries of Macon's economy are aerospace, manufacturing and logistics, food processing, and back office employment. Some notable companies found here include Tractor Supply Company, Aspen Products, Mr. Chips, Tyson Foods, and Graphic Packaging International. One of the largest employers is GEICO, as their regional office is located here and employs around 6,700 people.
Along with having a strong job climate, Macon is also a very affordable place to live. Housing costs are low here, and the average cost of living is less than both the Georgia and US average.
Macon real estate market details
- Wesleyan Woods
- Lizella Northwest
- Arkwright
- Lorane
- Forsyth Rd.
- Lizella North
The average monthly rent in Macon is $1,112 for an average apartment size of 1,024 sq. feet.
There has been a 14.6% increase in Macon median home value over the last year. As of 2023, the median home value is $144,526.
On average, homes in Macon sell after 53 days on the market.
The most profitable month for home sales in Macon is December, while the quickest sales happen during July.
The affordability index in Macon is 77. This number indicates high affordability in this city.
The top ranked public schools are Alexander II Magnet School, Springdale Elementary School, Carter Elementary School, Clifton Ridge Middle School, Vineville Academy, and Miller Magnet Middle School. This information is based on general educator statistics, school attendance, and the US Department of Education.