$1,306 Closing Credit*
$110,000
825 SqFt
2 Beds
•1 Full Bath
Angela K. Neal, Listing Office: A.K. Neal Realty
Is Spalding County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Spalding County was a Seller's Market.
Key Takeaway
Spalding 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 Spalding County, GA
How much do homes in Spalding County, GA cost?
Median Sold Price
$265,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,033(+6.0%)
Key Takeaway
Homes in Spalding County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Spalding County was $265,000 in October 2024, up 6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $186K | +55.0% |
| 2 Bedrooms | $167.9K | $195.5K | +16.4% |
| 3 Bedrooms | $228.1K | $230K | +0.8% |
| 4 Bedrooms | $315.2K | $329.8K | +4.6% |
| 5+ Bedrooms | $399.9K | $460.1K | +15.1% |
Summary: Spalding County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Counties
| Lamar County | $240.9K | $264.9K | +10.0% |
| Pike County | $349K | $375K | +7.4% |
| Spalding County | $249.9K | $265K | +6.0% |
| Fayette County | $467.8K | $485.6K | +3.8% |
| Clayton County | $239.9K | $242.7K | +1.2% |
Housing Supply in Spalding County, GA
How many homes are available in Spalding County, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 457 | 506 | +10.7% |
Summary: The Spalding County real estate market had 506 homes for sale in October 2024, a 10.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 67 | 81 | +20.9% |
| 3 Bedrooms | 216 | 227 | +5.1% |
| 4 Bedrooms | 136 | 151 | +11.0% |
| 5+ Bedrooms | 36 | 44 | +22.2% |
Summary: The Spalding County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 84 | +21.7% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spalding County, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Spalding County in October 2024, up by 21.7% month-over-month. Of the 78 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Spalding County, GA
How long does it take to sell a home in Spalding County, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 53 Days | +112.8% |
Summary: Homes in Spalding County had an average of 53 days on market in Oct 2024, up by 112.8% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spalding County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 84 homes were sold in Spalding County; 49% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 21% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.