$7,244 Closing Credit*
$610,000
4 Beds
•3 Full Baths
Oswaldo Zeas, Listing Office: Chapman Hall Realtors
Is Towalaga, 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, 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 October 2023
+$10,000(+2.9%)
Key Takeaway
Homes in Towalaga have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Towalaga was $360,000 in October 2024, up 2.9% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $352.5K | $358K | +1.5% |
| 3 Bedrooms | $315.9K | $329K | +4.1% |
| 4 Bedrooms | $385K | $399.5K | +3.8% |
| 5+ Bedrooms | $633.8K | $473K | -25.4% |
Summary: Towalaga housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Cities
| Southwest Butts | $280K | $289.9K | +3.5% |
| Towalaga | $350K | $360K | +2.9% |
Housing Supply in Towalaga, GA
How many homes are available in Towalaga, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 113 | +20.2% |
Summary: The Towalaga real estate market had 113 homes for sale in October 2024, a 20.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 28 | 33 | +17.9% |
| 3 Bedrooms | 31 | 42 | +35.5% |
| 4 Bedrooms | 21 | 24 | +14.3% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Towalaga housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Towalaga, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Towalaga in October 2024, up by 25.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 45 Days | +98.9% |
Summary: Homes in Towalaga had an average of 45 days on market in Oct 2024, up by 98.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Towalaga are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Towalaga; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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.