Is Towalaga, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Towalaga has remained a Seller's Market.
Housing Prices in Towalaga, GA
How much do homes in Towalaga, GA cost?
Median Sold Price
$350,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Towalaga was $350,000 in April 2024, up 2.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $300K | +297.4% |
2 Bedrooms | $353.3K | $350K | -1.0% |
3 Bedrooms | $314.9K | $320K | +1.6% |
4 Bedrooms | $361.6K | $404.1K | +11.8% |
5+ Bedrooms | $577.7K | $546K | -5.5% |
Summary: Towalaga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 297.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
Towalaga | $342.5K | $350K | +2.2% |
Southwest Butts | $275K | $270K | -1.8% |
Housing Supply in Towalaga, GA
How many homes are available in Towalaga, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 97 | +14.1% |
Summary: The Towalaga real estate market had 97 homes for sale in April 2024, a 14.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 22 | 28 | +27.3% |
3 Bedrooms | 32 | 38 | +18.8% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Towalaga housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Towalaga in April 2024, up by 110.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 39% were sold at asking, and 11% were sold over asking.
Days on Market for Towalaga, GA
How long does it take to sell a home in Towalaga, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 58 Days | +22.5% |
Summary: Homes in Towalaga had an average of 58 days on market in Apr 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Towalaga; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.