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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Newton County was a Seller's Market.

Key Takeaway

Newton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

+$9,975(+3.3%)

Key Takeaway

Homes in Newton County have sold for 3.3% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $116.2K$352.5K
+203.2%
2 $205K$232.4K
+13.4%
3 $275K$277.9K
+1.1%
4 $344.6K$335K
-2.8%
5+ $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
+3.3%
Jasper County
+3.1%
Butts County
+1.8%
Rockdale County
-1.4%
Henry County
-2.4%

Housing Supply in Newton County, GA

How many homes are available in Newton County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
675728+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

# BEDSMar 2024Apr 2024CHANGE
1 56
+20.0%
2 2934
+17.2%
3 288296
+2.8%
4 250278
+11.2%
5+ 103114
+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 2024Apr 2024CHANGE
137121-11.7%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton County, you may be able to get a good deal. 59.8% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
54 Days51 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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 Newton County, GA

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