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 March 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

$338,483

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$6,538(-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 $338,483 in March 2024, down 1.9% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $110K$280K
+154.5%
2 $210K$217K
+3.3%
3 $286.5K$283.2K
-1.2%
4 $362.7K$354.9K
-2.2%
5+ $460K$450K
-2.2%

Summary: Henry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 154.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Counties

Newton County
+3.1%
Butts County
+2.7%
Clayton County
+1.0%
Henry County
-1.9%
Rockdale County
-3.0%

Housing Supply in Henry County, GA

How many homes are available in Henry County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,4441,722+19.3%

Summary: The Henry County real estate market had 1,722 homes for sale in March 2024, a 19.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 3745
+21.6%
3 554637
+15.0%
4 492602
+22.4%
5+ 358434
+21.2%

Summary: The Henry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 21.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
237282+19.0%

Asking Price vs. Sold Price

102 Homes Were Sold
Under Asking

96 Homes Were Sold
At Asking

55 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. 40.3% of homes here sold below asking price last month.

Summary: A total of 282 homes were sold or pending in Henry County in March 2024, up by 19.0% month-over-month. Of the 253 sold homes, 40% were sold under asking, 38% were sold at asking, and 22% 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

Mar 2023Mar 2024CHANGE
39 Days41 Days+4.3%

Summary: Homes in Henry County had an average of 41 days on market in Mar 2024, up by 4.3% compared to last year.

Breakdown of Home Sale Times

164 Homes Were Sold
Under 30 Days

82 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 March 2024, 282 homes were sold in Henry County; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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 Henry County, GA

Nearby Markets to Henry County, GA

What housing markets are near Henry County, GA?