Is Clarke 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, Clarke County has remained a Seller's Market.
Housing Prices in Clarke County, GA
How much do homes in Clarke County, GA cost?
Median Sold Price
$343,839
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clarke County was $343,839 in March 2024, up 6.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $172K | -33.8% |
2 Bedrooms | $230K | $237.8K | +3.4% |
3 Bedrooms | $302.2K | $319.2K | +5.6% |
4 Bedrooms | $379.5K | $400K | +5.4% |
5+ Bedrooms | $520K | $557K | +7.1% |
Summary: Clarke County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Counties
Clarke County | $322.1K | $343.8K | +6.7% |
Oglethorpe County | $279.6K | $296.2K | +5.9% |
Madison County | $289.9K | $298.9K | +3.1% |
Jackson County | $413.7K | $425K | +2.7% |
Oconee County | $465.6K | $459.1K | -1.4% |
Housing Supply in Clarke County, GA
How many homes are available in Clarke County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
650 | 679 | +4.5% |
Summary: The Clarke County real estate market had 679 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 14 | 0.0% |
2 Bedrooms | 129 | 126 | -2.3% |
3 Bedrooms | 240 | 241 | 0.4% |
4 Bedrooms | 191 | 209 | +9.4% |
5+ Bedrooms | 76 | 89 | +17.1% |
Summary: The Clarke County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 17.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
158 | 180 | +13.9% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 180 homes were sold or pending in Clarke County in March 2024, up by 13.9% month-over-month. Of the 170 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for Clarke County, GA
How long does it take to sell a home in Clarke County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 35 Days | +5.5% |
Summary: Homes in Clarke County had an average of 35 days on market in Mar 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 180 homes were sold in Clarke County; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.