Is Barrow County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barrow County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Barrow County has remained a Seller's Market.

Key Takeaway

Barrow County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$19,179(+5.8%)

Key Takeaway

Homes in Barrow County have sold for 5.8% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $80K$155K
+93.8%
2 $215K$230K
+7.0%
3 $300.9K$315K
+4.7%
4 $379.5K$380K
0.1%
5+ $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
+5.8%
Jackson County
+3.7%
Gwinnett County
+3.5%
Walton County
0.1%
Oconee County
-0.8%

Housing Supply in Barrow County, GA

How many homes are available in Barrow County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
549529-3.6%

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

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 2519
-24.0%
3 199199
0.0%
4 222195
-12.2%
5+ 103115
+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 2024Apr 2024CHANGE
186117-37.1%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barrow County, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
38 Days36 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Barrow County are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Barrow County, GA

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