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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Towns County is a neutral's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Towns 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.

How much do homes in Towns County, GA cost?

Median Sold Price

$364,750

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$47,583(+15.0%)

Key Takeaway

Homes in Towns County have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $100K$121.5K
+21.5%
2 $225K$279K
+24.0%
3 $343K$385.5K
+12.4%
4 $425K$597.5K
+40.6%
5+ $699.9K$840K
+20.0%

Median Sold Price Compared To Nearby Counties

Clay County
+23.8%
White County
+15.3%
Towns County
+15.0%
Union County
+13.5%
Habersham County
+11.2%

How many homes are available in Towns County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
179195+8.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 104
-60.0%
2 5055
+10.0%
3 8897
+10.2%
4 2028
+40.0%
5+ 1111
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
4031-22.5%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Towns County, you may be able to get a good deal. 77.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
45 Days93 Days+105.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Towns County are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Towns County, GA

Homes for sale in Towns County, GA have reached 195. The number of listings in Towns County, GA increased by 8.9% between September 2022 and October 2022. The median list price of listings available in October 2022 was $364,750, while the average time on the real estate market was 93 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 21.5%, prices of 2 bedrooms properties went up by 24%, 3 bedrooms properties prices increased by 12.4%, 4 bedrooms properties became 40.6% more expensive, prices of 5 bedrooms properties increased by 20%. This housing market inventory have changed: number of 1 bedroom homes decreased by 60%, 2 bedrooms homes became 10% more available, 3 bedrooms homes inventory increased by 10.2%, number of 4 bedrooms homes increased by 40%, volume of 5 bedrooms homes stayed the same. In October 2022 more than 1 listings in Towns County, GA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 24 were sold below.

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