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 May 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

$360,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,005(+1.4%)

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 May 2024, up 1.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$125K
N/A
2 $235K$199K
-15.3%
3 $320K$329K
+2.8%
4 $380K$375K
-1.3%
5+ $420.7K$410K
-2.6%

Summary: Bethlehem 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 15.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 2.6%.

Housing Supply in Bethlehem, GA

How many homes are available in Bethlehem, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
79104+31.6%

Summary: The Bethlehem real estate market had 104 homes for sale in May 2024, a 31.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2835
+25.0%
4 3640
+11.1%
5+ 1428
+100.0%

Summary: The Bethlehem 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2319-17.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethlehem, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Bethlehem in May 2024, down by 17.4% month-over-month. Of the 18 sold homes, 39% were sold under asking, 44% were sold at asking, and 17% 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

May 2023May 2024CHANGE
26 Days14 Days-45.3%

Summary: Homes in Bethlehem had an average of 14 days on market in May 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 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 May 2024, 19 homes were sold in Bethlehem; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in Bethlehem, GA

Nearby Markets to Bethlehem, GA