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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Talbot County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Talbot County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Talbot County, GA

How much do homes in Talbot County, GA cost?

Median Sold Price

$92,717

$59/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$408,282(-81.5%)

Key Takeaway

Homes in Talbot County have sold for 81.5% less than they did a month ago.

Summary: The median home sold price in Talbot County was $92,717 in December 2024, down 81.5% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $77K$22K
-71.4%
3 --
N/A
4 -$163.4K
N/A
5+ $925K-
N/A

Summary: Talbot County housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Talbot County, GA

How many homes are available in Talbot County, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1413-7.1%

Summary: The Talbot County real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 56
+20.0%
4 44
0.0%
5+ 32
-33.3%

Summary: The Talbot County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Talbot County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Talbot County in December 2024, up by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Talbot County, GA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
112 Days35 Days-68.3%

Summary: Homes in Talbot County had an average of 35 days on market in Dec 2024, down by 68.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Talbot County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 10 Days Ago

Newest Listings in Talbot County, GA

Nearby Markets to Talbot County, GA

What housing markets are near Talbot County, GA?