Is Troup 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, Troup County has remained a Seller's Market.
Key Takeaway
Troup County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Troup County, GA
How much do homes in Troup County, GA cost?
Median Sold Price
$255,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Troup County have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Troup County was $255,000 in April 2024, up 6.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.5K | $82.5K | +70.1% |
| 2 Bedrooms | $100K | $125K | +25.0% |
| 3 Bedrooms | $208.9K | $229.9K | +10.1% |
| 4 Bedrooms | $297.1K | $348.9K | +17.4% |
| 5+ Bedrooms | $365K | $397.9K | +9.0% |
Summary: Troup County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Counties
| Troup County | $240K | $255K | +6.3% |
| Coweta County | $375.9K | $398.5K | +6.0% |
| Meriwether County | $249.9K | $246.9K | -1.2% |
| Harris County | $330K | $322.5K | -2.3% |
Housing Supply in Troup County, GA
How many homes are available in Troup County, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 288 | 284 | -1.4% |
Summary: The Troup County real estate market had 284 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 35 | 34 | -2.9% |
| 3 Bedrooms | 126 | 132 | +4.8% |
| 4 Bedrooms | 98 | 93 | -5.1% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The Troup County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 63 | -1.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troup County, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.
Summary: A total of 63 homes were sold or pending in Troup County in April 2024, down by 1.6% month-over-month. Of the 58 sold homes, 43% were sold under asking, 28% were sold at asking, and 29% were sold over asking.
Days on Market for Troup County, GA
How long does it take to sell a home in Troup County, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 36 Days | +53.0% |
Summary: Homes in Troup County had an average of 36 days on market in Apr 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Troup County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 63 homes were sold in Troup County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.