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.
Key Takeaway
Towns County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
Homes in Towns County have sold for 3.6% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Towns County, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Towns County are selling fast, if you're buying plan to act quickly.
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.
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