Is Laurens County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Laurens County was a Seller's Market.
Key Takeaway
Laurens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Laurens County, GA
How much do homes in Laurens County, GA cost?
Median Sold Price
$210,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Laurens County have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Laurens County was $210,000 in May 2024, up 6.3% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | - | N/A |
| 2 Bedrooms | $87.5K | $89K | +1.7% |
| 3 Bedrooms | $180K | $197.5K | +9.7% |
| 4 Bedrooms | $293.5K | $286K | -2.6% |
| 5+ Bedrooms | $383K | $370K | -3.4% |
Summary: Laurens 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 1.7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Counties
| Emanuel County | $147K | $168K | +14.3% |
| Laurens County | $197.5K | $210K | +6.3% |
| Wheeler County | $142.5K | $112K | -21.4% |
Housing Supply in Laurens County, GA
How many homes are available in Laurens County, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 154 | 155 | +0.6% |
Summary: The Laurens County real estate market had 155 homes for sale in May 2024, a 0.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 83 | 83 | 0.0% |
| 4 Bedrooms | 45 | 49 | +8.9% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Laurens County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laurens County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Laurens County in May 2024, down by 23.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.
Days on Market for Laurens County, GA
How long does it take to sell a home in Laurens County, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 51 Days | +25.0% |
Summary: Homes in Laurens County had an average of 51 days on market in May 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laurens County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Laurens County; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% 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.