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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barrow County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Barrow County, GA cost?

Median Sold Price

$325,178

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$60,176(+22.7%)

Key Takeaway

Homes in Barrow County have sold for 22.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$124.9K
N/A
2 $185.2K$212K
+14.5%
3 $241.5K$295K
+22.1%
4 $290K$368.2K
+27.0%
5+ $380.5K$454K
+19.3%

Median Sold Price Compared To Nearby Counties

Walton County
+24.8%
Barrow County
+22.7%
Gwinnett County
+21.3%
Jackson County
+21.2%
Oconee County
+11.8%

How many homes are available in Barrow County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
645650+0.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 23
+50.0%
2 1112
+9.1%
3 311293
-5.8%
4 226235
+4.0%
5+ 95107
+12.6%

Number of Homes Sold

Sep 2022Oct 2022%
145141-2.8%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barrow County, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
17 Days30 Days+74.4%

Breakdown of Home Sale Times

93 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Barrow County, GA

Barrow County, GA has 650 homes for sale to choose from. The inventory of homes for sale in Barrow County, GA between September 2022 and October 2022 increased by 0.8%. Listings spent 30 days on the market in October 2022, and had a median list price of $325,178 during the same period. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 14.5%, 3 bedrooms properties became 22.1% more expensive, 4 bedrooms properties became 27% more expensive, prices of 5 bedrooms properties increased by 19.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 50%, 2 bedrooms homes inventory increased by 9.1%, 3 bedrooms homes became 5.8% less available, 4 bedrooms homes became 4% more available, number of 5 bedrooms homes increased by 12.6%. In October 2022 more than 29 listings in Barrow County, GA were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 62 were sold below.

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