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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walton County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Walton County was a Seller's Market.

Key Takeaway

Walton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walton County, GA

How much do homes in Walton County, GA cost?

Median Sold Price

$395,190

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$687(+0.2%)

Key Takeaway

The sold price of homes in Walton County has remained the same since last year.

Summary: The median home sold price in Walton County was $395,190 in October 2024, up 0.2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$241K
N/A
2 $252.7K$263K
+4.1%
3 $325K$337.2K
+3.8%
4 $414.9K$424.1K
+2.2%
5+ $479.2K$484.9K
+1.2%

Summary: Walton County 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 4.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Counties

Gwinnett County
+5.5%
Barrow County
+4.2%
Oconee County
+1.2%
Morgan County
+1.0%
Walton County
0.2%

Housing Supply in Walton County, GA

How many homes are available in Walton County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8981,020+13.6%

Summary: The Walton County real estate market had 1,020 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 2224
+9.1%
3 288315
+9.4%
4 394455
+15.5%
5+ 188221
+17.6%

Summary: The Walton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
163149-8.6%

Asking Price vs. Sold Price

63 Homes Were Sold
Under Asking

50 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walton County, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 149 homes were sold or pending in Walton County in October 2024, down by 8.6% month-over-month. Of the 138 sold homes, 46% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for Walton County, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days51 Days+42.8%

Summary: Homes in Walton County had an average of 51 days on market in Oct 2024, up by 42.8% compared to last year.

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

64 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 149 homes were sold in Walton County; 43% of homes were sold within 30 days, 43% 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 Walton County, GA

Nearby Markets to Walton County, GA

What housing markets are near Walton County, GA?