Is Walnut Grove, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Grove is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Walnut Grove has remained a Buyer's Market.

Key Takeaway

Walnut Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Walnut Grove, GA

How much do homes in Walnut Grove, GA cost?

Median Sold Price

$330,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,500(+3.9%)

Key Takeaway

Homes in Walnut Grove have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Walnut Grove was $330,000 in March 2024, up 3.9% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $162.5K$54K
-66.8%
3 $307.7K$319K
+3.7%
4 $350K$414.9K
+18.5%
5+ $470K$374.9K
-20.2%

Summary: Walnut Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 66.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 20.2%.

Housing Supply in Walnut Grove, GA

How many homes are available in Walnut Grove, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Walnut Grove real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Walnut Grove 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walnut Grove, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Walnut Grove in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Walnut Grove, GA

How long does it take to sell a home in Walnut Grove, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days26 Days-55.9%

Summary: Homes in Walnut Grove had an average of 26 days on market in Mar 2024, down by 55.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Walnut Grove; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Walnut Grove, GA

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