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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Henry County was a Seller's Market.

Key Takeaway

Henry County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Henry County, GA

How much do homes in Henry County, GA cost?

Median Sold Price

$338,458

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$6,677(-1.9%)

Key Takeaway

Homes in Henry County have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Henry County was $338,458 in June 2024, down 1.9% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$180K
N/A
2 $205.5K$222.7K
+8.4%
3 $280.4K$281.7K
0.5%
4 $360.5K$350.1K
-2.9%
5+ $457.6K$464.3K
+1.5%

Summary: Henry County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Counties

Butts County
+7.8%
Newton County
+3.5%
Clayton County
+0.7%
Rockdale County
-0.2%
Henry County
-1.9%

Housing Supply in Henry County, GA

How many homes are available in Henry County, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,8342,034+10.9%

Summary: The Henry County real estate market had 2,034 homes for sale in June 2024, a 10.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 21
-50.0%
2 5048
-4.0%
3 660722
+9.4%
4 658760
+15.5%
5+ 464503
+8.4%

Summary: The Henry County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 8.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
361340-5.8%

Asking Price vs. Sold Price

135 Homes Were Sold
Under Asking

116 Homes Were Sold
At Asking

60 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.

Summary: A total of 340 homes were sold or pending in Henry County in June 2024, down by 5.8% month-over-month. Of the 311 sold homes, 43% were sold under asking, 37% were sold at asking, and 19% were sold over asking.

Days on Market for Henry County, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
38 Days42 Days+12.1%

Summary: Homes in Henry County had an average of 42 days on market in Jun 2024, up by 12.1% compared to last year.

Breakdown of Home Sale Times

178 Homes Were Sold
Under 30 Days

126 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 340 homes were sold in Henry County; 52% of homes were sold within 30 days, 37% 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 20 Days Ago

Newest Listings in Henry County, GA

Nearby Markets to Henry County, GA

What housing markets are near Henry County, GA?