Is Barrow County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Barrow County has remained a Seller's Market.
Housing Prices in Barrow County, GA
How much do homes in Barrow County, GA cost?
Median Sold Price
$350,631
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Barrow County was $350,631 in April 2024, up 5.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $155K | +93.8% |
2 Bedrooms | $215K | $230K | +7.0% |
3 Bedrooms | $300.9K | $315K | +4.7% |
4 Bedrooms | $379.5K | $380K | 0.1% |
5+ Bedrooms | $446.5K | $503.9K | +12.9% |
Summary: Barrow County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.8%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Counties
Barrow County | $331.4K | $350.6K | +5.8% |
Jackson County | $411.7K | $426.9K | +3.7% |
Gwinnett County | $405.7K | $420K | +3.5% |
Walton County | $394.9K | $395.2K | 0.1% |
Oconee County | $460.5K | $456.6K | -0.8% |
Housing Supply in Barrow County, GA
How many homes are available in Barrow County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
549 | 529 | -3.6% |
Summary: The Barrow County real estate market had 529 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 25 | 19 | -24.0% |
3 Bedrooms | 199 | 199 | 0.0% |
4 Bedrooms | 222 | 195 | -12.2% |
5+ Bedrooms | 103 | 115 | +11.7% |
Summary: The Barrow County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 24%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
186 | 117 | -37.1% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 117 homes were sold or pending in Barrow County in April 2024, down by 37.1% month-over-month. Of the 111 sold homes, 44% were sold under asking, 27% were sold at asking, and 29% were sold over asking.
Days on Market for Barrow County, GA
How long does it take to sell a home in Barrow County, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 36 Days | -6.4% |
Summary: Homes in Barrow County had an average of 36 days on market in Apr 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 117 homes were sold in Barrow County; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.