Is Boynton Ridge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boynton Ridge has remained 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 April 2023
Summary: The median home sold price in Boynton Ridge was $339,000 in April 2024, up 10.5% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $170K | $270K | +58.8% |
3 Bedrooms | $279.5K | $312.5K | +11.8% |
4 Bedrooms | $370K | $440.5K | +19.1% |
5+ Bedrooms | $500K | $570K | +14.0% |
Summary: Boynton Ridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Fort Oglethorpe-Lakeview | $217.1K | $253.8K | +16.9% |
Boynton Ridge | $306.6K | $339K | +10.5% |
Fort Oglethorpe | $240K | $265K | +10.4% |
Ringgold | $294.7K | $311.4K | +5.7% |
Rossville-Beverly Hills | $182.5K | $186K | +1.9% |
Housing Supply in Boynton Ridge, GA
How many homes are available in Boynton Ridge, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 89 | -10.1% |
Summary: The Boynton Ridge real estate market had 89 homes for sale in April 2024, a 10.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 43 | 36 | -16.3% |
4 Bedrooms | 33 | 31 | -6.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Boynton Ridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Boynton Ridge in April 2024, down by 4.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 46% were sold at asking, and 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 9 Days | -57.4% |
Summary: Homes in Boynton Ridge had an average of 9 days on market in Apr 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Boynton Ridge; 17% 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.