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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Long County, GA

How much do homes in Long County, GA cost?

Median Sold Price

$282,499

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,750(-1.3%)

Key Takeaway

Homes in Long County have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Long County was $282,499 in November 2024, down 1.3% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $275K$255K
-7.3%
2 $229K$110K
-52.0%
3 $247.5K$254.7K
+2.9%
4 $285.7K$290K
+1.5%
5+ $348.5K$359K
+3.0%

Summary: Long County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 52%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Counties

Tattnall County
+13.9%
Liberty County
+5.1%
McIntosh County
+1.4%
Long County
-1.3%
Wayne County
-6.3%

Housing Supply in Long County, GA

How many homes are available in Long County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8182+1.2%

Summary: The Long County real estate market had 82 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 2225
+13.6%
4 4443
-2.3%
5+ 1313
0.0%

Summary: The Long County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1417+21.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Long County, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Long County in November 2024, up by 21.4% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.

Days on Market for Long County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days62 Days+466.2%

Summary: Homes in Long County had an average of 62 days on market in Nov 2024, up by 466.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 Long County has remained consistent over time.

Summary: During November 2024, 17 homes were sold in Long County; 12% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in Long County, GA

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