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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Troup County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Troup County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Troup County, GA

How much do homes in Troup County, GA cost?

Median Sold Price

$259,966

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,166(+3.7%)

Key Takeaway

Homes in Troup County have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Troup County was $259,966 in November 2024, up 3.7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112.5K$47.5K
-57.8%
2 $128K$152K
+18.8%
3 $225K$240K
+6.7%
4 $349.9K$340K
-2.8%
5+ $378.7K$385K
+1.7%

Summary: Troup County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.8%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Counties

Harris County
+14.2%
Heard County
+12.1%
Troup County
+3.7%
Meriwether County
+2.8%
Coweta County
+1.0%

Housing Supply in Troup County, GA

How many homes are available in Troup County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
335313-6.6%

Summary: The Troup County real estate market had 313 homes for sale in November 2024, a 6.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 3327
-18.2%
3 145132
-9.0%
4 109104
-4.6%
5+ 4648
+4.3%

Summary: The Troup County 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 decreased by 18.2%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6356-11.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Troup County, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.

Summary: A total of 56 homes were sold or pending in Troup County in November 2024, down by 11.1% month-over-month. Of the 50 sold homes, 40% were sold under asking, 44% were sold at asking, and 16% were sold over asking.

Days on Market for Troup County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days45 Days+52.9%

Summary: Homes in Troup County had an average of 45 days on market in Nov 2024, up by 52.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 56 homes were sold in Troup County; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% 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 Troup County, GA

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