Is Laurens County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Laurens County was a Seller's Market.
Key Takeaway
Laurens 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 Laurens County, GA
How much do homes in Laurens County, GA cost?
Median Sold Price
$206,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Laurens County have sold for 4% more than they did a year ago.
Summary: The median home sold price in Laurens County was $206,000 in March 2024, up 4% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $104.5K | -59.8% |
| 2 Bedrooms | $67.5K | $125K | +85.2% |
| 3 Bedrooms | $181.2K | $192K | +5.9% |
| 4 Bedrooms | $286.3K | $287.5K | 0.4% |
| 5+ Bedrooms | $386.5K | $385K | -0.4% |
Summary: Laurens County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 85.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Counties
| Emanuel County | $148K | $167.5K | +13.2% |
| Laurens County | $198K | $206K | +4.0% |
| Johnson County | $128.5K | $105K | -18.3% |
Housing Supply in Laurens County, GA
How many homes are available in Laurens County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 109 | 139 | +27.5% |
Summary: The Laurens County real estate market had 139 homes for sale in March 2024, a 27.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 16 | +60.0% |
| 3 Bedrooms | 55 | 71 | +29.1% |
| 4 Bedrooms | 34 | 42 | +23.5% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Laurens 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 increased by 60%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 21 | +162.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laurens County, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Laurens County in March 2024, up by 162.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for Laurens County, GA
How long does it take to sell a home in Laurens County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 43 Days | -23.9% |
Summary: Homes in Laurens County had an average of 43 days on market in Mar 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laurens County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Laurens County; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.