$7,125 Closing Credit*
$600,000
5,932 SqFt
4 Beds
•3 Full Baths
Esperanza Arteaga, Listing Office: Keller Williams Realty Atl. Partners
Is Towalaga, 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, Towalaga was a Seller's Market.
Key Takeaway
Towalaga is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Towalaga, GA
How much do homes in Towalaga, GA cost?
Median Sold Price
$360,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,500(+3.0%)
Key Takeaway
Homes in Towalaga have sold for 3% more than they did a year ago.
Summary: The median home sold price in Towalaga was $360,000 in November 2024, up 3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $350K | $358K | +2.3% |
| 3 Bedrooms | $315.9K | $329K | +4.1% |
| 4 Bedrooms | $406K | $387.9K | -4.5% |
| 5+ Bedrooms | $633.8K | $473K | -25.4% |
Summary: Towalaga housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Cities
| Southwest Butts | $280K | $290K | +3.6% |
| Towalaga | $349.5K | $360K | +3.0% |
Housing Supply in Towalaga, GA
How many homes are available in Towalaga, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 112 | +7.7% |
Summary: The Towalaga real estate market had 112 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 29 | 29 | 0.0% |
| 3 Bedrooms | 38 | 43 | +13.2% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Towalaga housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Towalaga, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Towalaga in November 2024, down by 7.1% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for Towalaga, GA
How long does it take to sell a home in Towalaga, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 44 Days | +54.7% |
Summary: Homes in Towalaga had an average of 44 days on market in Nov 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Towalaga has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Towalaga; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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