Is Folkston, GA 31537 a buyer’s or seller’s market?
Folkston is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 34% of U.S. ZIP codes, and #130 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 Folkston housing market right now
In the three months ending August 31, 2026, 19% of homes in Folkston, GA 31537 sold above their list price, the typical home went under contract in 38 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (156 days then) and the median sale price fell 17% to $228,901. Overall, Folkston is more competitive than a year ago, so tougher for buyers.
On our competition score, Folkston ranks #130 of 371 GA ZIP codes with enough sales (score 36 out of 100).
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Questions about Folkston real estate
Is Folkston a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Folkston, GA 31537 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 Folkston?
The typical home went under contract in 38 days in the latest three months.
Do homes in Folkston sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Folkston?
About 0.76% of a home’s value a year in Charlton County, or roughly $3,040 on a $400,000 home.
What is the median home price in Folkston?
The median sale price was $228,901 in the three months ending August 31, 2026, about $170 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