Is Barnesville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barnesville is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Barnesville was a Seller's Market.

Key Takeaway

Barnesville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Barnesville, GA

How much do homes in Barnesville, GA cost?

Median Sold Price

$245,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+10.1%)

Key Takeaway

Homes in Barnesville have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Barnesville was $245,000 in October 2024, up 10.1% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$154K
N/A
2 $112K$130K
+16.1%
3 $225K$230K
+2.2%
4 $305K$356K
+16.7%
5+ $320K$412K
+28.7%

Summary: Barnesville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 28.7%.

Housing Supply in Barnesville, GA

How many homes are available in Barnesville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89890.0%

Summary: The Barnesville real estate market had 89 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 912
+33.3%
3 4038
-5.0%
4 3233
+3.1%
5+ 76
-14.3%

Summary: The Barnesville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barnesville, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Barnesville in October 2024, down by 28.6% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for Barnesville, GA

How long does it take to sell a home in Barnesville, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days39 Days+53.7%

Summary: Homes in Barnesville had an average of 39 days on market in Oct 2024, up by 53.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Barnesville has remained consistent over time.

Summary: During October 2024, 15 homes were sold in Barnesville; 40% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 7% 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 17 Days Ago

Newest Listings in Barnesville, GA

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