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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurens County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Laurens County 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 Laurens County, GA

How much do homes in Laurens County, GA cost?

Median Sold Price

$204,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,000(+3.0%)

Key Takeaway

Homes in Laurens County have sold for 3% more than they did a year ago.

Summary: The median home sold price in Laurens County was $204,000 in October 2024, up 3% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $104.5K$240K
+129.7%
2 $87.5K$105K
+20.0%
3 $189K$193.7K
+2.5%
4 $270K$299K
+10.7%
5+ $385K$277.5K
-27.9%

Summary: Laurens County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 129.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 27.9%.

Median Sold Price Compared To Nearby Counties

Johnson County
+29.0%
Emanuel County
+28.8%
Laurens County
+3.0%

Housing Supply in Laurens County, GA

How many homes are available in Laurens County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
143152+6.3%

Summary: The Laurens County real estate market had 152 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1011
+10.0%
3 8385
+2.4%
4 4046
+15.0%
5+ 88
0.0%

Summary: The Laurens County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1626+62.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurens County, you may be able to get a good deal. 81% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Laurens County in October 2024, up by 62.5% month-over-month. Of the 21 sold homes, 81% were sold under asking, 5% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
38 Days69 Days+82.4%

Summary: Homes in Laurens County had an average of 69 days on market in Oct 2024, up by 82.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 26 homes were sold in Laurens County; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% 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 Laurens County, GA

Nearby Markets to Laurens County, GA

What housing markets are near Laurens County, GA?