Is Newton County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Newton County was a Seller's Market.
Housing Prices in Newton County, GA
How much do homes in Newton County, GA cost?
Median Sold Price
$309,998
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newton County was $309,998 in April 2024, up 3.3% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.2K | $352.5K | +203.2% |
2 Bedrooms | $205K | $232.4K | +13.4% |
3 Bedrooms | $275K | $277.9K | +1.1% |
4 Bedrooms | $344.6K | $335K | -2.8% |
5+ Bedrooms | $430K | $429K | -0.2% |
Summary: Newton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 203.2%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Counties
Newton County | $300K | $309.9K | +3.3% |
Jasper County | $290K | $298.9K | +3.1% |
Butts County | $275K | $280K | +1.8% |
Rockdale County | $308.7K | $304.5K | -1.4% |
Henry County | $344.7K | $336.6K | -2.4% |
Housing Supply in Newton County, GA
How many homes are available in Newton County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
675 | 728 | +7.9% |
Summary: The Newton County real estate market had 728 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 29 | 34 | +17.2% |
3 Bedrooms | 288 | 296 | +2.8% |
4 Bedrooms | 250 | 278 | +11.2% |
5+ Bedrooms | 103 | 114 | +10.7% |
Summary: The Newton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 121 | -11.7% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 121 homes were sold or pending in Newton County in April 2024, down by 11.7% month-over-month. Of the 112 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Newton County, GA
How long does it take to sell a home in Newton County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 51 Days | -4.4% |
Summary: Homes in Newton County had an average of 51 days on market in Apr 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During April 2024, 121 homes were sold in Newton County; 55% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.