Is Walton 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, Walton County has remained a Seller's Market.
Housing Prices in Walton County, GA
How much do homes in Walton County, GA cost?
Median Sold Price
$396,626
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walton County was $396,626 in May 2024, down 0.8% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $257K | +123.5% |
2 Bedrooms | $235K | $247.5K | +5.3% |
3 Bedrooms | $321.8K | $331.6K | +3.0% |
4 Bedrooms | $415K | $419.1K | +1.0% |
5+ Bedrooms | $477.7K | $492K | +3.0% |
Summary: Walton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 123.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Counties
Gwinnett County | $405.1K | $424.1K | +4.7% |
Barrow County | $340K | $354.9K | +4.4% |
Oconee County | $451.2K | $460K | +1.9% |
Walton County | $399.7K | $396.6K | -0.8% |
Morgan County | $462.2K | $450.8K | -2.5% |
Housing Supply in Walton County, GA
How many homes are available in Walton County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
902 | 968 | +7.3% |
Summary: The Walton County real estate market had 968 homes for sale in May 2024, a 7.3% 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 | 21 | 27 | +28.6% |
3 Bedrooms | 315 | 339 | +7.6% |
4 Bedrooms | 385 | 411 | +6.8% |
5+ Bedrooms | 178 | 189 | +6.2% |
Summary: The Walton 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 28.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 6.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
198 | 173 | -12.6% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 173 homes were sold or pending in Walton County in May 2024, down by 12.6% month-over-month. Of the 163 sold homes, 47% were sold under asking, 25% were sold at asking, and 29% were sold over asking.
Days on Market for Walton County, GA
How long does it take to sell a home in Walton County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 35 Days | -26.7% |
Summary: Homes in Walton County had an average of 35 days on market in May 2024, down by 26.7% compared to last year.
Breakdown of Home Sale Times
104 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During May 2024, 173 homes were sold in Walton County; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.