Is Walton 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, Walton County has remained a Seller's Market.
Housing Prices in Walton County, GA
How much do homes in Walton County, GA cost?
Median Sold Price
$394,982
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Walton County was $394,982 in March 2024, up 0.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $242.5K | +110.9% |
2 Bedrooms | $230K | $252K | +9.6% |
3 Bedrooms | $320K | $330K | +3.1% |
4 Bedrooms | $409.4K | $419.3K | +2.4% |
5+ Bedrooms | $475K | $489.7K | +3.1% |
Summary: Walton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 110.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
Barrow County | $333.3K | $350K | +5.0% |
Morgan County | $446.4K | $466.2K | +4.4% |
Gwinnett County | $409.3K | $419K | +2.4% |
Walton County | $394.1K | $394.9K | 0.2% |
Oconee County | $465.6K | $459.1K | -1.4% |
Housing Supply in Walton County, GA
How many homes are available in Walton County, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
894 | 938 | +4.9% |
Summary: The Walton County real estate market had 938 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 24 | 24 | 0.0% |
3 Bedrooms | 290 | 319 | +10.0% |
4 Bedrooms | 398 | 418 | +5.0% |
5+ Bedrooms | 178 | 175 | -1.7% |
Summary: The Walton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 1.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
169 | 222 | +31.4% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
69 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Summary: A total of 222 homes were sold or pending in Walton County in March 2024, up by 31.4% month-over-month. Of the 209 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Walton County, GA
How long does it take to sell a home in Walton County, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 41 Days | -32.6% |
Summary: Homes in Walton County had an average of 41 days on market in Mar 2024, down by 32.6% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During March 2024, 222 homes were sold in Walton County; 53% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.