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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toombs County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Toombs County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Toombs County, GA

How much do homes in Toombs County, GA cost?

Median Sold Price

$67,000

$53/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$138,000(-67.3%)

Key Takeaway

Homes in Toombs County have sold for 67.3% less than they did a month ago.

Summary: The median home sold price in Toombs County was $67,000 in October 2024, down 67.3% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$67K
N/A
3 $155K-
N/A
4 $350K-
N/A
5+ --
N/A

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

Median Sold Price Compared To Nearby Counties

Toombs County
-67.3%
Montgomery County
-83.9%

Housing Supply in Toombs County, GA

How many homes are available in Toombs County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3426-23.5%

Summary: The Toombs County real estate market had 26 homes for sale in October 2024, a 23.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1712
-29.4%
4 128
-33.3%
5+ 11
0.0%

Summary: The Toombs County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toombs County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Toombs County in October 2024, down by 45.5% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Toombs County, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
77 Days31 Days-59.8%

Summary: Homes in Toombs County had an average of 31 days on market in Oct 2024, down by 59.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Toombs County has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Toombs County; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Toombs County, GA

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What housing markets are near Toombs County, GA?