Is Forsyth, GA 31029 a buyer’s or seller’s market?
Forsyth is a seller’s market. With about 3.6 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 39% of U.S. ZIP codes, and #89 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Forsyth housing market right now
In the three months ending August 31, 2026, 22% of homes in Forsyth, GA 31029 sold above their list price, the typical home went under contract in 82 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold faster (87 days then) and the median sale price rose 8% to $434,712. Overall, Forsyth is less competitive than a year ago, which gives buyers more room.
On our competition score, Forsyth ranks #89 of 371 GA ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Juliette 31046 (0% sold over asking).
Run the numbers for 31029
Nearby markets
Culloden 31016Seller’s market $158 /sq ftJuliette 31046Seller’s market $184 /sq ft Browse all markets →Towns like Forsyth nearby
Find towns like Forsyth in other states →Where Forsyth is
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Questions about Forsyth real estate
Is Forsyth a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Forsyth, GA 31029 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Forsyth?
The typical home went under contract in 82 days in the latest three months.
Do homes in Forsyth sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Forsyth?
About 0.70% of a home’s value a year in Monroe County, or roughly $2,800 on a $400,000 home.
What is the median home price in Forsyth?
The median sale price was $434,712 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology