Is Bogart, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bogart has remained a Seller's Market.
Housing Prices in Bogart, GA
How much do homes in Bogart, GA cost?
Median Sold Price
$462,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bogart was $462,500 in May 2024, up 11.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | - | N/A |
2 Bedrooms | $261.3K | $210K | -19.6% |
3 Bedrooms | $375K | $399K | +6.4% |
4 Bedrooms | $485K | $479.8K | -1.1% |
5+ Bedrooms | $695K | $819.9K | +18.0% |
Summary: Bogart 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 19.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Cities
Bogart | $352K | $393K | +11.7% |
Bogart | $415K | $462.5K | +11.4% |
Housing Supply in Bogart, GA
How many homes are available in Bogart, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 101 | +9.8% |
Summary: The Bogart real estate market had 101 homes for sale in May 2024, a 9.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 33 | 36 | +9.1% |
5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The Bogart 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 increased by 300%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Bogart in May 2024, up by 41.2% month-over-month. Of the 22 sold homes, 55% were sold under asking, 32% were sold at asking, and 14% were sold over asking.
Days on Market for Bogart, GA
How long does it take to sell a home in Bogart, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 24 Days | -29.3% |
Summary: Homes in Bogart had an average of 24 days on market in May 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Bogart; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.