Real Estate Market Update for Mcdonough, GA
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 37% from one year earlier, and up 20% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 40%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold increased 31% year-over-year, and increased 21% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Mcdonough, GA
Area Information for Mcdonough, GA
  • Population: 23,437
  • Median Age: 32.23 yr
  • Median Commute Time: 27.81 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,843/sq mi
  • Population Change Since 2000: 115.87%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: Devry University Henry County
  • Closest Jr. College: Southern Cresent Tech Clg-griffin Campus
  • Median Household Income: $55,321
  • Annual Residential Turnover: 19.61%
  • Median Years in Residence: 3.39 yr
  • Median Home Sales Price: $91,520
  • Closest Major Sports Team: Braves
  • Change Avg. Household Income Since 2000: 17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mcdonough, GA
Median Age: 32.23 Married: 29% Number of Households: 8,379 Households with Children: 3,643
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Mcdonough, GA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Wesley Lakes Elementary School 0.2 mi Public K-5 2-5 3
      Mcdonough Methodist Academy 1.2 mi Private - 0 0
      Henry County Middle School 1.6 mi Public 6-8 2-5 2
      Mcdonough Elementary School 2.1 mi Public PRESCHOOL-5 3 4
      Henry County High School 2.2 mi Public 9-12 2-5 2
      Academy For Advanced Studies 2.2 mi Public - 0 0
      Oakland Elementary School 2.2 mi Public K-5 2 4
      Meadowland Montessori School 2.3 mi Private PRESCHOOL-5 0 4
      Peoples Baptist Academy 2.5 mi Private PRESCHOOL-12 0 4
      Creekside Christian Academy 2.6 mi Private PRESCHOOL-12 0 4
      New Creation Christian Academy 3.1 mi Private 6-12 0 4
      Lake Dow Christian Academy 3.4 mi Private PRESCHOOL-8 0 5
      Living Word Christian Academy 3.5 mi Private K-10 0 4
      Flippen Elementary School 3.6 mi Public K-5 3-5 5
      Eagle's Landing High School 3.7 mi Public 9-12 3 2
      Eagle's Landing Middle School 3.7 mi Public 6-8 3 3
      Hickory Flat Elementary School 3.9 mi Public PRESCHOOL-5 4 4
      Eagle's Landing Christian Academy 4.1 mi Private PRESCHOOL-12 0 5
      Union Grove High School 4.3 mi Public 9-12 4-5 4
      Union Grove Middle School 4.4 mi Public 6-8 4-5 3
      East Lake Elementary School 4.4 mi Public K-5 4-5 5
      Tussahaw Elementary School 5.0 mi Public K-5 3-5 5
      Abc Montessori 5.4 mi Private PRESCHOOL-12 0 4
      Timber Ridge Elementary School 6.2 mi Public PRESCHOOL-5 4 5
      The Sharon School 7.2 mi Private PRESCHOOL-6 0 0
      Ola High School 7.2 mi Public 9-11 4 4
      Ola Middle School 7.2 mi Public 6-8 4 3
      Ola Elementary School 7.2 mi Public K-5 4 4
      Rock Spring Elementary School 10.8 mi Public K-5 3-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Mcdonough, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.