Is Bethlehem, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Bethlehem was a Seller's Market.
Key Takeaway
Bethlehem is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bethlehem, GA
How much do homes in Bethlehem, GA cost?
Median Sold Price
$360,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Bethlehem have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Bethlehem was $360,000 in June 2024, up 1.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $235K | $199K | -15.3% |
| 3 Bedrooms | $320K | $325K | +1.6% |
| 4 Bedrooms | $379.9K | $378.5K | -0.4% |
| 5+ Bedrooms | $415K | $405K | -2.4% |
Summary: Bethlehem housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Bethlehem, GA
How many homes are available in Bethlehem, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 100 | 117 | +17.0% |
Summary: The Bethlehem real estate market had 117 homes for sale in June 2024, a 17.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 36 | 35 | -2.8% |
| 4 Bedrooms | 37 | 51 | +37.8% |
| 5+ Bedrooms | 26 | 31 | +19.2% |
Summary: The Bethlehem housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 19.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethlehem, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Bethlehem in June 2024, down by 20.8% month-over-month. Of the 19 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 28 Days | 16 Days | -43.1% |
Summary: Homes in Bethlehem had an average of 16 days on market in Jun 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bethlehem are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 19 homes were sold in Bethlehem; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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