Is Bibb County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bibb County was a Seller's Market.
Key Takeaway
Bibb County 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 Bibb County, GA
How much do homes in Bibb County, GA cost?
Median Sold Price
$181,103
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bibb County have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Bibb County was $181,103 in April 2024, up 6.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $38.5K | +10.0% |
| 2 Bedrooms | $40K | $51.4K | +28.5% |
| 3 Bedrooms | $142.5K | $166.5K | +16.8% |
| 4 Bedrooms | $258.9K | $249.9K | -3.5% |
| 5+ Bedrooms | $350.3K | $342K | -2.4% |
Summary: Bibb County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Counties
| Jones County | $248.9K | $300.2K | +20.6% |
| Houston County | $240K | $266.6K | +11.1% |
| Bibb County | $170K | $181.1K | +6.5% |
| Twiggs County | $175K | $161K | -8.0% |
Housing Supply in Bibb County, GA
How many homes are available in Bibb County, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 781 | 923 | +18.2% |
Summary: The Bibb County real estate market had 923 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 113 | 123 | +8.8% |
| 3 Bedrooms | 368 | 442 | +20.1% |
| 4 Bedrooms | 219 | 264 | +20.5% |
| 5+ Bedrooms | 76 | 87 | +14.5% |
Summary: The Bibb County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 14.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 113 | 137 | +21.2% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bibb County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 137 homes were sold or pending in Bibb County in April 2024, up by 21.2% month-over-month. Of the 120 sold homes, 63% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Bibb County, GA
How long does it take to sell a home in Bibb County, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 42 Days | +12.4% |
Summary: Homes in Bibb County had an average of 42 days on market in Apr 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bibb County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 137 homes were sold in Bibb County; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.