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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

-$8,489(-2.4%)

Key Takeaway

Homes in Henry County have sold for 2.4% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$180K
N/A
2 $210K$221.5K
+5.5%
3 $283.2K$283.5K
0.1%
4 $363.8K$350.4K
-3.7%
5+ $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
+5.0%
Newton County
+3.3%
Clayton County
+1.0%
Rockdale County
0.4%
Henry County
-2.4%

Housing Supply in Henry County, GA

How many homes are available in Henry County, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,7672,018+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

# BEDSApr 2024May 2024CHANGE
1 32
-33.3%
2 5457
+5.6%
3 637724
+13.7%
4 633738
+16.6%
5+ 440497
+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 2024May 2024CHANGE
331345+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

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 2023May 2024CHANGE
35 Days44 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Henry County, GA

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