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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Troup County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Troup County has remained a Seller's Market.

Key Takeaway

Troup County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Troup County, GA cost?

Median Sold Price

$234,577

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$34,547(+17.3%)

Key Takeaway

Homes in Troup County have sold for 17.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $40.1K$54.5K
+35.9%
2 $65.5K$88K
+34.4%
3 $170.6K$195.7K
+14.7%
4 $265K$285.3K
+7.7%
5+ $367K$385K
+4.9%

Median Sold Price Compared To Nearby Counties

Meriwether County
+25.1%
Troup County
+17.3%
Heard County
+14.4%
Harris County
+7.0%
Chambers County
+4.0%

How many homes are available in Troup County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
243215-11.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 47
+75.0%
2 1916
-15.8%
3 9284
-8.7%
4 9172
-20.9%
5+ 3736
-2.7%

Number of Homes Sold

Sep 2022Oct 2022%
7866-15.4%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Troup County, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days24 Days-6.2%

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Troup County are selling fast, if you're buying plan to act quickly.

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

About Troup County, GA

Troup County, GA has 215 homes for sale to choose from. The number of listings in Troup County, GA decreased by 11.5% between September 2022 and October 2022. The median list price of listings available in October 2022 was $234,577, while the average time on the real estate market was 24 days. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties went up by 35.9%, the cost of 2 bedrooms properties went up by 34.4%, prices of 3 bedrooms properties increased by 14.7%, the cost of 4 bedrooms properties went up by 7.7%, prices of 5 bedrooms properties increased by 4.9%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 75%, volume of 2 bedrooms homes went down by 15.8%, number of 3 bedrooms homes decreased by 8.7%, volume of 4 bedrooms homes went down by 20.9%, volume of 5 bedrooms homes went down by 2.7%. Troup County, GA housing market in October 2022 saw over 13 listings sold above listed price, more than 21 sold at listed price and over 24 sold below.

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