Is Newton County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Newton County has remained a Seller's Market.
Housing Prices in Newton County, GA
How much do homes in Newton County, GA cost?
Median Sold Price
$309,975
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Newton County was $309,975 in March 2024, up 3.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.2K | $352.5K | +203.2% |
2 Bedrooms | $213.3K | $230.5K | +8.0% |
3 Bedrooms | $274.9K | $278.9K | +1.4% |
4 Bedrooms | $341.8K | $335K | -2.0% |
5+ Bedrooms | $440K | $429K | -2.5% |
Summary: Newton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 203.2%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Counties
Newton County | $300.6K | $309.9K | +3.1% |
Butts County | $272.6K | $279.9K | +2.7% |
Jasper County | $289.9K | $292.4K | +0.8% |
Henry County | $345K | $338.4K | -1.9% |
Rockdale County | $310K | $300.6K | -3.0% |
Housing Supply in Newton County, GA
How many homes are available in Newton County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
611 | 715 | +17.0% |
Summary: The Newton County real estate market had 715 homes for sale in March 2024, a 17.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 26 | 29 | +11.5% |
3 Bedrooms | 259 | 302 | +16.6% |
4 Bedrooms | 220 | 263 | +19.5% |
5+ Bedrooms | 102 | 116 | +13.7% |
Summary: The Newton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 13.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
108 | 130 | +20.4% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 130 homes were sold or pending in Newton County in March 2024, up by 20.4% month-over-month. Of the 118 sold homes, 53% were sold under asking, 29% were sold at asking, and 19% were sold over asking.
Days on Market for Newton County, GA
How long does it take to sell a home in Newton County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 42 Days | -15.3% |
Summary: Homes in Newton County had an average of 42 days on market in Mar 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During March 2024, 130 homes were sold in Newton County; 58% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.