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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarke County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Clarke County, GA cost?

Median Sold Price

$311,779

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$59,141(+23.4%)

Key Takeaway

Homes in Clarke County have sold for 23.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $155K$240K
+54.8%
2 $169.1K$219.9K
+30.0%
3 $243.7K$289.9K
+19.0%
4 $308.8K$375K
+21.4%
5+ $444K$525K
+18.2%

Median Sold Price Compared To Nearby Counties

Clarke County
+23.4%
Barrow County
+22.7%
Jackson County
+21.2%
Madison County
+20.6%
Oconee County
+11.8%

How many homes are available in Clarke County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
593556-6.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 912
+33.3%
2 10399
-3.9%
3 246214
-13.0%
4 159161
+1.3%
5+ 7670
-7.9%

Number of Homes Sold

Sep 2022Oct 2022%
163134-17.8%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarke County, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
29 Days36 Days+21.0%

Breakdown of Home Sale Times

74 Homes Were Sold
Under 30 Days

50 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clarke 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 Clarke County, GA

Clarke County, GA has 556 homes for sale to choose from. The inventory of homes for sale in Clarke County, GA between September 2022 and October 2022 decreased by 6.2%. The median list price of listings available in October 2022 was $311,779, while the average time on the real estate market was 36 days. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 54.8%, 2 bedrooms properties prices increased by 30%, prices of 3 bedrooms properties increased by 19%, prices of 4 bedrooms properties increased by 21.4%, prices of 5 bedrooms properties went up by 18.2%. Volume of homes for sale changed: 1 bedroom homes became 33.3% more available, volume of 2 bedrooms homes went down by 3.9%, number of 3 bedrooms homes decreased by 13%, the quantity of 4 bedrooms homes went up by 1.3%, the quantity of 5 bedrooms homes went down by 7.9%. While more than 35 listings in Clarke County, GA in October 2022 were sold above asking price, there were more than 29 listings sold at asking price, and more than 68 were sold below.

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