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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heard County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Heard County, GA

How much do homes in Heard County, GA cost?

Median Sold Price

$269,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,500(+11.8%)

Key Takeaway

Homes in Heard County have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Heard County was $269,500 in May 2024, up 11.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $189.9K$147.5K
-22.3%
2 $233K$177K
-24.0%
3 $239.2K$266.5K
+11.4%
4 $290K$309K
+6.6%
5+ $467.4K$514.9K
+10.2%

Summary: Heard County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes decreased by 24%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Counties

Heard County
+11.8%
Troup County
+5.7%
Coweta County
+3.1%
Carroll County
+2.5%

Housing Supply in Heard County, GA

How many homes are available in Heard County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2724-11.1%

Summary: The Heard County real estate market had 24 homes for sale in May 2024, a 11.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 129
-25.0%
4 88
0.0%
5+ 34
+33.3%

Summary: The Heard County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heard County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Heard County in May 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.

Days on Market for Heard County, GA

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

Average Sale Time

May 2023May 2024CHANGE
34 Days38 Days+12.2%

Summary: Homes in Heard County had an average of 38 days on market in May 2024, up by 12.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 11 homes were sold in Heard County; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 5 Days Ago

Newest Listings in Heard County, GA

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