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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Newton 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 Newton County, GA

How much do homes in Newton County, GA cost?

Median Sold Price

$310,050

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,568(+2.5%)

Key Takeaway

Homes in Newton County have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Newton County was $310,050 in October 2024, up 2.5% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$219.9K
N/A
2 $224K$190K
-15.2%
3 $274.9K$275K
0.0%
4 $335.3K$336K
0.2%
5+ $428.2K$428.5K
0.1%

Summary: Newton County 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 decreased by 15.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Counties

Jasper County
+13.2%
Butts County
+3.8%
Newton County
+2.5%
Rockdale County
+1.8%
Henry County
-0.8%

Housing Supply in Newton County, GA

How many homes are available in Newton County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
798850+6.5%

Summary: The Newton County real estate market had 850 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 3637
+2.8%
3 341374
+9.7%
4 290291
0.3%
5+ 127143
+12.6%

Summary: The Newton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 12.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
135137+1.5%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton County, you may be able to get a good deal. 47.5% of homes here sold below asking price last month.

Summary: A total of 137 homes were sold or pending in Newton County in October 2024, up by 1.5% month-over-month. Of the 118 sold homes, 47% were sold under asking, 36% were sold at asking, and 17% were sold over asking.

Days on Market for Newton County, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days50 Days+94.0%

Summary: Homes in Newton County had an average of 50 days on market in Oct 2024, up by 94% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 137 homes were sold in Newton County; 46% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 20% 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 Newton County, GA

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What housing markets are near Newton County, GA?