Is Henry County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Henry County has remained a Seller's Market.
Housing Prices in Henry County, GA
How much do homes in Henry County, GA cost?
Median Sold Price
$338,647
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Henry County was $338,647 in May 2024, down 2.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $210K | $221.5K | +5.5% |
3 Bedrooms | $283.2K | $283.5K | 0.1% |
4 Bedrooms | $363.8K | $350.4K | -3.7% |
5+ Bedrooms | $455.8K | $464.9K | +2.0% |
Summary: Henry County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Counties
Butts County | $272.8K | $286.3K | +5.0% |
Newton County | $300.2K | $310K | +3.3% |
Clayton County | $240K | $242.3K | +1.0% |
Rockdale County | $309.1K | $310.4K | 0.4% |
Henry County | $347.1K | $338.6K | -2.4% |
Housing Supply in Henry County, GA
How many homes are available in Henry County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,767 | 2,018 | +14.2% |
Summary: The Henry County real estate market had 2,018 homes for sale in May 2024, a 14.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 54 | 57 | +5.6% |
3 Bedrooms | 637 | 724 | +13.7% |
4 Bedrooms | 633 | 738 | +16.6% |
5+ Bedrooms | 440 | 497 | +13.0% |
Summary: The Henry County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
331 | 345 | +4.2% |
Asking Price vs. Sold Price
121 Homes Were Sold
Under Asking
126 Homes Were Sold
At Asking
68 Homes Were Sold
Over Asking
Summary: A total of 345 homes were sold or pending in Henry County in May 2024, up by 4.2% month-over-month. Of the 315 sold homes, 38% were sold under asking, 40% were sold at asking, and 22% were sold over asking.
Days on Market for Henry County, GA
How long does it take to sell a home in Henry County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 44 Days | +25.6% |
Summary: Homes in Henry County had an average of 44 days on market in May 2024, up by 25.6% compared to last year.
Breakdown of Home Sale Times
187 Homes Were Sold
Under 30 Days
115 Homes Were Sold
In 30 - 90 Days
43 Homes Were Sold
Over 90 Days
Summary: During May 2024, 345 homes were sold in Henry County; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.