Is Barrow County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Barrow County has remained a Seller's Market.
Housing Prices in Barrow County, GA
How much do homes in Barrow County, GA cost?
Median Sold Price
$350,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Barrow County was $350,000 in March 2024, up 5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $155K | +93.8% |
2 Bedrooms | $213.5K | $230K | +7.7% |
3 Bedrooms | $301.2K | $313.8K | +4.2% |
4 Bedrooms | $375.5K | $379.9K | +1.2% |
5+ Bedrooms | $450.3K | $500K | +11.0% |
Summary: Barrow County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.8%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Counties
Barrow County | $333.3K | $350K | +5.0% |
Jackson County | $413.7K | $425K | +2.7% |
Gwinnett County | $409.3K | $419K | +2.4% |
Walton County | $394.1K | $394.9K | 0.2% |
Oconee County | $465.6K | $459.1K | -1.4% |
Housing Supply in Barrow County, GA
How many homes are available in Barrow County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
538 | 559 | +3.9% |
Summary: The Barrow County real estate market had 559 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 21 | 25 | +19.0% |
3 Bedrooms | 206 | 200 | -2.9% |
4 Bedrooms | 212 | 232 | +9.4% |
5+ Bedrooms | 98 | 102 | +4.1% |
Summary: The Barrow County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 4.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
130 | 176 | +35.4% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 176 homes were sold or pending in Barrow County in March 2024, up by 35.4% month-over-month. Of the 169 sold homes, 46% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Barrow County, GA
How long does it take to sell a home in Barrow County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 38 Days | -9.2% |
Summary: Homes in Barrow County had an average of 38 days on market in Mar 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
111 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During March 2024, 176 homes were sold in Barrow County; 63% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.