Is Towalaga, 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, Towalaga was a Seller's Market.
Housing Prices in Towalaga, GA
How much do homes in Towalaga, GA cost?
Median Sold Price
$350,250
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Towalaga was $350,250 in March 2024, up 3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $300K | +297.4% |
2 Bedrooms | $353.5K | $350K | -1.0% |
3 Bedrooms | $311.9K | $326.4K | +4.6% |
4 Bedrooms | $361.6K | $414.5K | +14.6% |
5+ Bedrooms | $577.7K | $600K | +3.9% |
Summary: Towalaga housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 297.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
Towalaga | $340K | $350.2K | +3.0% |
Southwest Butts | $270K | $270K | 0.0% |
Housing Supply in Towalaga, GA
How many homes are available in Towalaga, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 96 | +5.5% |
Summary: The Towalaga real estate market had 96 homes for sale in March 2024, a 5.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 36 | 36 | 0.0% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Towalaga 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 10 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Towalaga in March 2024, down by 44.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for Towalaga, GA
How long does it take to sell a home in Towalaga, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 38 Days | -22.6% |
Summary: Homes in Towalaga had an average of 38 days on market in Mar 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Towalaga; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.