Is Boynton Ridge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Boynton Ridge was a Seller's Market.
Housing Prices in Boynton Ridge, GA
How much do homes in Boynton Ridge, GA cost?
Median Sold Price
$339,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boynton Ridge was $339,000 in May 2024, up 9.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $176.2K | $265K | +50.4% |
3 Bedrooms | $280K | $317.5K | +13.4% |
4 Bedrooms | $373.9K | $446K | +19.3% |
5+ Bedrooms | $570K | $554.9K | -2.6% |
Summary: Boynton Ridge 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 increased by 50.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
Fort Oglethorpe-Lakeview | $223.9K | $250K | +11.6% |
Boynton Ridge | $309.9K | $339K | +9.4% |
Fort Oglethorpe | $248.4K | $263K | +5.9% |
Ringgold | $300K | $311.1K | +3.7% |
Rossville-Beverly Hills | $186K | $189K | +1.6% |
Housing Supply in Boynton Ridge, GA
How many homes are available in Boynton Ridge, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 82 | -5.7% |
Summary: The Boynton Ridge real estate market had 82 homes for sale in May 2024, a 5.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 39 | 31 | -20.5% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Boynton Ridge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 10 | -64.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Boynton Ridge in May 2024, down by 64.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Boynton Ridge, GA
How long does it take to sell a home in Boynton Ridge, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 15 Days | +42.9% |
Summary: Homes in Boynton Ridge had an average of 15 days on market in May 2024, up by 42.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Boynton Ridge; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.