$2,197 Closing Credit*
$185,000
994 SqFt
3 Beds
•2 Full Baths
Blake Ginger, Listing Office: Century 21 Novus Realty
Is Polk County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Polk County was a Seller's Market.
Key Takeaway
Polk County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Polk County, GA
How much do homes in Polk County, GA cost?
Median Sold Price
$255,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$14,728(+6.1%)
Key Takeaway
Homes in Polk County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Polk County was $255,000 in September 2024, up 6.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $113K | +21.5% |
| 2 Bedrooms | $170K | $171.2K | +0.7% |
| 3 Bedrooms | $239K | $255K | +6.7% |
| 4 Bedrooms | $284.9K | $311K | +9.1% |
| 5+ Bedrooms | $372.9K | $370K | -0.8% |
Summary: Polk County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Counties
| Floyd County | $226K | $245K | +8.4% |
| Polk County | $240.2K | $255K | +6.1% |
| Haralson County | $279.2K | $290.8K | +4.1% |
| Paulding County | $349.1K | $359.4K | +2.9% |
| Bartow County | $319.7K | $325K | +1.7% |
Housing Supply in Polk County, GA
How many homes are available in Polk County, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 297 | 335 | +12.8% |
Summary: The Polk County real estate market had 335 homes for sale in September 2024, a 12.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 39 | 43 | +10.3% |
| 3 Bedrooms | 165 | 191 | +15.8% |
| 4 Bedrooms | 74 | 84 | +13.5% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Polk County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 59 | 44 | -25.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Polk County, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Polk County in September 2024, down by 25.4% month-over-month. Of the 41 sold homes, 59% were sold under asking, 20% were sold at asking, and 22% were sold over asking.
Days on Market for Polk County, GA
How long does it take to sell a home in Polk County, GA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +42.3% |
Summary: Homes in Polk County had an average of 44 days on market in Sep 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Polk County are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 44 homes were sold in Polk County; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.