Is Floyd County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Floyd County has remained a Seller's Market.
Housing Prices in Floyd County, GA
How much do homes in Floyd County, GA cost?
Median Sold Price
$241,966
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Floyd County was $241,966 in May 2024, up 8.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $77.5K | -13.9% |
2 Bedrooms | $140K | $165K | +17.9% |
3 Bedrooms | $211.2K | $234.9K | +11.2% |
4 Bedrooms | $308K | $326.3K | +6.0% |
5+ Bedrooms | $446.2K | $510K | +14.3% |
Summary: Floyd County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Counties
Floyd County | $223.6K | $241.9K | +8.2% |
Chattooga County | $194.9K | $205K | +5.2% |
Gordon County | $259.6K | $270.4K | +4.2% |
Bartow County | $314.9K | $325K | +3.2% |
Polk County | $245K | $249.6K | +1.9% |
Housing Supply in Floyd County, GA
How many homes are available in Floyd County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
490 | 516 | +5.3% |
Summary: The Floyd County real estate market had 516 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 4 | +100.0% |
2 Bedrooms | 79 | 77 | -2.5% |
3 Bedrooms | 246 | 255 | +3.7% |
4 Bedrooms | 121 | 127 | +5.0% |
5+ Bedrooms | 44 | 53 | +20.5% |
Summary: The Floyd County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
109 | 108 | -0.9% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 108 homes were sold or pending in Floyd County in May 2024, down by 0.9% month-over-month. Of the 100 sold homes, 47% were sold under asking, 28% were sold at asking, and 25% were sold over asking.
Days on Market for Floyd County, GA
How long does it take to sell a home in Floyd County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 32 Days | -9.2% |
Summary: Homes in Floyd County had an average of 32 days on market in May 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 108 homes were sold in Floyd County; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.