Is Towns 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, Towns County was a Seller's Market.
Housing Prices in Towns County, GA
How much do homes in Towns County, GA cost?
Median Sold Price
$389,488
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Towns County was $389,488 in April 2024, up 3.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167K | $333.1K | +99.5% |
2 Bedrooms | $315K | $285K | -9.5% |
3 Bedrooms | $400K | $412K | +3.0% |
4 Bedrooms | $516K | $618.5K | +19.9% |
5+ Bedrooms | $1.3M | $1.0M | -23.4% |
Summary: Towns County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes decreased by 23.4%.
Median Sold Price Compared To Nearby Counties
Clay County | $359K | $420K | +17.0% |
Union County | $363.1K | $406.1K | +11.9% |
White County | $324.9K | $350.3K | +7.8% |
Habersham County | $299.9K | $318.8K | +6.3% |
Towns County | $376K | $389.4K | +3.6% |
Housing Supply in Towns County, GA
How many homes are available in Towns County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
206 | 271 | +31.6% |
Summary: The Towns County real estate market had 271 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 13 | +8.3% |
2 Bedrooms | 50 | 60 | +20.0% |
3 Bedrooms | 96 | 131 | +36.5% |
4 Bedrooms | 40 | 57 | +42.5% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Towns County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 36.5%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Towns County in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Towns County, GA
How long does it take to sell a home in Towns County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 69 Days | +5.6% |
Summary: Homes in Towns County had an average of 69 days on market in Apr 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Towns County; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.