Is Troup 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, 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.
Housing Prices in Troup County, GA
How much do homes in Troup County, GA cost?
Median Sold Price
$254,510
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Troup County have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Troup County was $254,510 in March 2024, up 5.3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.5K | $82.5K | +70.1% |
| 2 Bedrooms | $99K | $129K | +30.4% |
| 3 Bedrooms | $205.9K | $225.6K | +9.6% |
| 4 Bedrooms | $299K | $347K | +16.0% |
| 5+ Bedrooms | $365K | $401.9K | +10.1% |
Summary: Troup County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.1%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Counties
| Coweta County | $375K | $399.7K | +6.6% |
| Troup County | $241.6K | $254.5K | +5.3% |
| Meriwether County | $249.4K | $242.5K | -2.8% |
| Harris County | $338K | $320K | -5.3% |
Housing Supply in Troup County, GA
How many homes are available in Troup County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 254 | 287 | +13.0% |
Summary: The Troup County real estate market had 287 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 23 | 33 | +43.5% |
| 3 Bedrooms | 113 | 126 | +11.5% |
| 4 Bedrooms | 87 | 97 | +11.5% |
| 5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The Troup 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 43.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 67 | +36.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troup County, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Troup County in March 2024, up by 36.7% month-over-month. Of the 59 sold homes, 44% were sold under asking, 39% were sold at asking, and 17% were sold over asking.
Days on Market for Troup County, GA
How long does it take to sell a home in Troup County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 45 Days | +3.6% |
Summary: Homes in Troup County had an average of 45 days on market in Mar 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Troup County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 67 homes were sold in Troup County; 60% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% 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.