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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walton County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$856(+0.2%)

Key Takeaway

The sold price of homes in Walton County has remained the same since last year.

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

# BEDSMar 2023Mar 2024CHANGE
1 $115K$242.5K
+110.9%
2 $230K$252K
+9.6%
3 $320K$330K
+3.1%
4 $409.4K$419.3K
+2.4%
5+ $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
+5.0%
Morgan County
+4.4%
Gwinnett County
+2.4%
Walton County
0.2%
Oconee County
-1.4%

Housing Supply in Walton County, GA

How many homes are available in Walton County, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
894938+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

# BEDSFeb 2024Mar 2024CHANGE
1 42
-50.0%
2 2424
0.0%
3 290319
+10.0%
4 398418
+5.0%
5+ 178175
-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 2024Mar 2024CHANGE
169222+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walton County, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
61 Days41 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 22 Days Ago

Newest Listings in Walton County, GA

Nearby Markets to Walton County, GA

What housing markets are near Walton County, GA?