Is Culloden-Bolingbroke, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Culloden-Bolingbroke is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Culloden-Bolingbroke has remained a Seller's Market.

Key Takeaway

Culloden-Bolingbroke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Culloden-Bolingbroke, GA

How much do homes in Culloden-Bolingbroke, GA cost?

Median Sold Price

$370,500

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,250(+1.4%)

Key Takeaway

Homes in Culloden-Bolingbroke have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Culloden-Bolingbroke was $370,500 in May 2024, up 1.4% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $253K-
N/A
2 $379.3K$343.2K
-9.5%
3 $337.4K$290K
-14.1%
4 $375.5K$442K
+17.7%
5+ $362.7K$457.5K
+26.1%

Summary: Culloden-Bolingbroke housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 26.1%.

Median Sold Price Compared To Nearby Cities

Forsyth
+6.2%
Culloden-Bolingbroke
+1.4%

Housing Supply in Culloden-Bolingbroke, GA

How many homes are available in Culloden-Bolingbroke, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2731+14.8%

Summary: The Culloden-Bolingbroke real estate market had 31 homes for sale in May 2024, a 14.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 22
0.0%
4 1416
+14.3%
5+ 58
+60.0%

Summary: The Culloden-Bolingbroke housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Apr 2024May 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Culloden-Bolingbroke, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Culloden-Bolingbroke in May 2024, up by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Culloden-Bolingbroke, GA

How long does it take to sell a home in Culloden-Bolingbroke, GA?

Average Sale Time

May 2023May 2024CHANGE
56 Days48 Days-15.2%

Summary: Homes in Culloden-Bolingbroke had an average of 48 days on market in May 2024, down by 15.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Culloden-Bolingbroke are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Culloden-Bolingbroke; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 6 Days Ago

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