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 March 2023

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.

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

+$16,629(+5.0%)

Key Takeaway

Homes in Barrow County have sold for 5% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $80K$155K
+93.8%
2 $213.5K$230K
+7.7%
3 $301.2K$313.8K
+4.2%
4 $375.5K$379.9K
+1.2%
5+ $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
+5.0%
Jackson County
+2.7%
Gwinnett County
+2.4%
Walton County
0.2%
Oconee County
-1.4%

Housing Supply in Barrow County, GA

How many homes are available in Barrow County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
538559+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

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 2125
+19.0%
3 206200
-2.9%
4 212232
+9.4%
5+ 98102
+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 2024Mar 2024CHANGE
130176+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barrow County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
42 Days38 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 18 Days Ago

Newest Listings in Barrow County, GA

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