$3,088 Closing Credit*
$260,000
1,297 SqFt
3 Beds
•2 Full Baths
Mark Spain, Listing Office: Mark Spain Real Estate
Is Barrow County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Barrow County has remained a Seller's Market.
Key Takeaway
Barrow County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barrow County, GA
How much do homes in Barrow County, GA cost?
Median Sold Price
$361,145
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,655(+4.5%)
Key Takeaway
Homes in Barrow County have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Barrow County was $361,145 in November 2024, up 4.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $155K | +24.0% |
| 2 Bedrooms | $230K | $252.5K | +9.8% |
| 3 Bedrooms | $311.5K | $322.6K | +3.6% |
| 4 Bedrooms | $375K | $393.3K | +4.9% |
| 5+ Bedrooms | $473.9K | $519.1K | +9.5% |
Summary: Barrow County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Counties
| Gwinnett County | $409.2K | $430.2K | +5.1% |
| Barrow County | $345.4K | $361.1K | +4.5% |
| Jackson County | $417.3K | $435K | +4.3% |
| Walton County | $390.2K | $398.6K | +2.2% |
| Oconee County | $470.6K | $475K | +0.9% |
Housing Supply in Barrow County, GA
How many homes are available in Barrow County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 715 | 699 | -2.2% |
Summary: The Barrow County real estate market had 699 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 257 | 237 | -7.8% |
| 4 Bedrooms | 303 | 287 | -5.3% |
| 5+ Bedrooms | 139 | 158 | +13.7% |
Summary: The Barrow County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 13.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 141 | 134 | -5.0% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barrow County, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 134 homes were sold or pending in Barrow County in November 2024, down by 5.0% month-over-month. Of the 124 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for Barrow County, GA
How long does it take to sell a home in Barrow County, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 43 Days | +54.7% |
Summary: Homes in Barrow County had an average of 43 days on market in Nov 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barrow County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 134 homes were sold in Barrow County; 46% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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