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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarke County is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Clarke County, GA

How much do homes in Clarke County, GA cost?

Median Sold Price

$349,503

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$19,691(+6.0%)

Key Takeaway

Homes in Clarke County have sold for 6% more than they did a year ago.

Summary: The median home sold price in Clarke County was $349,503 in September 2024, up 6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $255K$345K
+35.3%
2 $230K$243K
+5.7%
3 $310K$327.5K
+5.6%
4 $378K$415K
+9.8%
5+ $500K$631.9K
+26.4%

Summary: Clarke County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 26.4%.

Median Sold Price Compared To Nearby Counties

Madison County
+11.3%
Clarke County
+6.0%
Jackson County
+4.2%
Oconee County
+3.4%
Oglethorpe County
+1.8%

Housing Supply in Clarke County, GA

How many homes are available in Clarke County, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
697741+6.3%

Summary: The Clarke County real estate market had 741 homes for sale in September 2024, a 6.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 612
+100.0%
2 112123
+9.8%
3 281277
-1.4%
4 208231
+11.1%
5+ 9098
+8.9%

Summary: The Clarke County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 8.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
135150+11.1%

Asking Price vs. Sold Price

107 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarke County, you may be able to get a good deal. 74.3% of homes here sold below asking price last month.

Summary: A total of 150 homes were sold or pending in Clarke County in September 2024, up by 11.1% month-over-month. Of the 144 sold homes, 74% were sold under asking, 16% were sold at asking, and 10% were sold over asking.

Days on Market for Clarke County, GA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days44 Days+42.6%

Summary: Homes in Clarke County had an average of 44 days on market in Sep 2024, up by 42.6% compared to last year.

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

61 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 150 homes were sold in Clarke County; 45% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 15% 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 29 Days Ago

Newest Listings in Clarke County, GA

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