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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Floyd County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Floyd County, GA

How much do homes in Floyd County, GA cost?

Median Sold Price

$239,364

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,205(+8.7%)

Key Takeaway

Homes in Floyd County have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Floyd County was $239,364 in March 2024, up 8.7% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $134K$77K
-42.5%
2 $130K$164.3K
+26.4%
3 $204.9K$229K
+11.7%
4 $315K$320.5K
+1.8%
5+ $417.5K$470K
+12.6%

Summary: Floyd County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.5%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Counties

Floyd County
+8.7%
Gordon County
+3.7%
Bartow County
+3.2%
Polk County
0.2%
Chattooga County
-6.2%

Housing Supply in Floyd County, GA

How many homes are available in Floyd County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
445465+4.5%

Summary: The Floyd County real estate market had 465 homes for sale in March 2024, a 4.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 8470
-16.7%
3 227247
+8.8%
4 8898
+11.4%
5+ 4348
+11.6%

Summary: The Floyd County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 11.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
105118+12.4%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Floyd County, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.

Summary: A total of 118 homes were sold or pending in Floyd County in March 2024, up by 12.4% month-over-month. Of the 107 sold homes, 50% were sold under asking, 24% were sold at asking, and 26% were sold over asking.

Days on Market for Floyd County, GA

How long does it take to sell a home in Floyd County, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
39 Days38 Days-2.1%

Summary: Homes in Floyd County had an average of 38 days on market in Mar 2024, down by 2.1% compared to last year.

Breakdown of Home Sale Times

69 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 118 homes were sold in Floyd County; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% 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 22 Days Ago

Newest Listings in Floyd County, GA

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