Is Bethlehem, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethlehem is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Bethlehem has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethlehem, GA

How much do homes in Bethlehem, GA cost?

Median Sold Price

$350,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$28,630(-7.6%)

Key Takeaway

Homes in Bethlehem have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Bethlehem was $350,000 in March 2024, down 7.6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$125K
N/A
2 $235K$110K
-53.2%
3 $320K$325K
+1.6%
4 $394.9K$372.5K
-5.7%
5+ $443K$415K
-6.3%

Summary: Bethlehem housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 6.3%.

Housing Supply in Bethlehem, GA

How many homes are available in Bethlehem, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9196+5.5%

Summary: The Bethlehem real estate market had 96 homes for sale in March 2024, a 5.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3333
0.0%
4 4247
+11.9%
5+ 1515
0.0%

Summary: The Bethlehem housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2634+30.8%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethlehem, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Bethlehem in March 2024, up by 30.8% month-over-month. Of the 32 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.

Days on Market for Bethlehem, GA

How long does it take to sell a home in Bethlehem, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days35 Days-2.5%

Summary: Homes in Bethlehem had an average of 35 days on market in Mar 2024, down by 2.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 34 homes were sold in Bethlehem; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

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