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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Henry County, GA

How much do homes in Henry County, GA cost?

Median Sold Price

$336,619

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,111(-2.4%)

Key Takeaway

Homes in Henry County have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Henry County was $336,619 in April 2024, down 2.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$230K
N/A
2 $210K$216K
+2.9%
3 $285K$283.3K
-0.6%
4 $362K$352.1K
-2.7%
5+ $459.9K$459.5K
-0.1%

Summary: Henry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Counties

Newton County
+3.3%
Butts County
+1.8%
Clayton County
+1.5%
Rockdale County
-1.4%
Henry County
-2.4%

Housing Supply in Henry County, GA

How many homes are available in Henry County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,6121,843+14.3%

Summary: The Henry County real estate market had 1,843 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 4451
+15.9%
3 594671
+13.0%
4 578673
+16.4%
5+ 392444
+13.3%

Summary: The Henry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
299326+9.0%

Asking Price vs. Sold Price

132 Homes Were Sold
Under Asking

86 Homes Were Sold
At Asking

65 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

Summary: A total of 326 homes were sold or pending in Henry County in April 2024, up by 9.0% month-over-month. Of the 283 sold homes, 47% were sold under asking, 30% were sold at asking, and 23% were sold over asking.

Days on Market for Henry County, GA

How long does it take to sell a home in Henry County, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days43 Days-3.7%

Summary: Homes in Henry County had an average of 43 days on market in Apr 2024, down by 3.7% compared to last year.

Breakdown of Home Sale Times

179 Homes Were Sold
Under 30 Days

100 Homes Were Sold
In 30 - 90 Days

47 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 326 homes were sold in Henry County; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% 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 12 Days Ago

Newest Listings in Henry County, GA

Nearby Markets to Henry County, GA

What housing markets are near Henry County, GA?