$4,572 Closing Credit*
$385,000
1,894 SqFt
3 Beds
•2 Full Baths
Rachel Alberts, Listing Office: Keller Williams Realty Atl. Partners
Is Spalding County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Spalding County was a Seller's Market.
Key Takeaway
Spalding County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spalding County, GA
How much do homes in Spalding County, GA cost?
Median Sold Price
$268,266
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,366(+7.3%)
Key Takeaway
Homes in Spalding County have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Spalding County was $268,266 in November 2024, up 7.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.6K | $227.5K | +55.2% |
| 2 Bedrooms | $166.4K | $204.5K | +22.9% |
| 3 Bedrooms | $227.4K | $231.5K | +1.8% |
| 4 Bedrooms | $314.2K | $327.2K | +4.1% |
| 5+ Bedrooms | $399.9K | $461.3K | +15.4% |
Summary: Spalding County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.2%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Counties
| Lamar County | $243.6K | $267.9K | +10.0% |
| Spalding County | $249.9K | $268.2K | +7.3% |
| Pike County | $350K | $375K | +7.1% |
| Fayette County | $474.2K | $487.1K | +2.7% |
| Clayton County | $239.9K | $242.2K | +1.0% |
Housing Supply in Spalding County, GA
How many homes are available in Spalding County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 463 | 476 | +2.8% |
Summary: The Spalding County real estate market had 476 homes for sale in November 2024, a 2.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 63 | 70 | +11.1% |
| 3 Bedrooms | 216 | 213 | -1.4% |
| 4 Bedrooms | 136 | 147 | +8.1% |
| 5+ Bedrooms | 44 | 41 | -6.8% |
Summary: The Spalding County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 6.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 62 | -28.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 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. 55.2% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Spalding County in November 2024, down by 28.7% month-over-month. Of the 58 sold homes, 55% were sold under asking, 31% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 58 Days | +45.8% |
Summary: Homes in Spalding County had an average of 58 days on market in Nov 2024, up by 45.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spalding County has remained consistent over time.
Summary: During November 2024, 62 homes were sold in Spalding County; 37% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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