Is Spalding 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, Spalding County has remained a Seller's Market.
Key Takeaway
Spalding County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spalding County, GA
How much do homes in Spalding County, GA cost?
Median Sold Price
$250,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Spalding County has remained the same since last year.
Summary: The median home sold price in Spalding County was $250,000 in March 2024, the same as last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | $133.3K | +12.0% |
| 2 Bedrooms | $172K | $180K | +4.7% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $310K | $319.9K | +3.2% |
| 5+ Bedrooms | $400.4K | $399.9K | -0.1% |
Summary: Spalding County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 4.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Counties
| Fayette County | $441.3K | $485K | +9.9% |
| Pike County | $333K | $365K | +9.6% |
| Lamar County | $241.9K | $254.4K | +5.2% |
| Clayton County | $240K | $242.3K | +1.0% |
| Spalding County | $249.9K | $250K | 0.0% |
Housing Supply in Spalding County, GA
How many homes are available in Spalding County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 389 | 430 | +10.5% |
Summary: The Spalding County real estate market had 430 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 60 | 67 | +11.7% |
| 3 Bedrooms | 183 | 194 | +6.0% |
| 4 Bedrooms | 112 | 128 | +14.3% |
| 5+ Bedrooms | 26 | 33 | +26.9% |
Summary: The Spalding 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 11.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 26.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 76 | +2.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spalding County, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 76 homes were sold or pending in Spalding County in March 2024, up by 2.7% month-over-month. Of the 66 sold homes, 38% were sold under asking, 30% were sold at asking, and 32% were sold over asking.
Days on Market for Spalding County, GA
How long does it take to sell a home in Spalding County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 32 Days | -29.4% |
Summary: Homes in Spalding County had an average of 32 days on market in Mar 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spalding County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 76 homes were sold in Spalding County; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.