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 March 2023

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.

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

+$21,733(+6.7%)

Key Takeaway

Homes in Clarke County have sold for 6.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $260K$172K
-33.8%
2 $230K$237.8K
+3.4%
3 $302.2K$319.2K
+5.6%
4 $379.5K$400K
+5.4%
5+ $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
+6.7%
Oglethorpe County
+5.9%
Madison County
+3.1%
Jackson County
+2.7%
Oconee County
-1.4%

Housing Supply in Clarke County, GA

How many homes are available in Clarke County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
650679+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

# BEDSFeb 2024Mar 2024CHANGE
1 1414
0.0%
2 129126
-2.3%
3 240241
0.4%
4 191209
+9.4%
5+ 7689
+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 2024Mar 2024CHANGE
158180+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarke County, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
33 Days35 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 25 Days Ago

Newest Listings in Clarke County, GA

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