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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogart is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Bogart, GA

How much do homes in Bogart, GA cost?

Median Sold Price

$474,900

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$59,900(+14.4%)

Key Takeaway

Homes in Bogart have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Bogart was $474,900 in June 2024, up 14.4% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $385K-
N/A
2 $261.3K$202.5K
-22.5%
3 $379.9K$399.9K
+5.3%
4 $485K$479.9K
-1.0%
5+ $695K$640K
-7.9%

Summary: Bogart 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 22.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Cities

Bogart
+14.4%
Bogart
+8.0%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
9988-11.1%

Summary: The Bogart real estate market had 88 homes for sale in June 2024, a 11.1% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 3227
-15.6%
4 3838
0.0%
5+ 2621
-19.2%

Summary: The Bogart 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 33.3%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 19.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
2822-21.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bogart, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Bogart in June 2024, down by 21.4% month-over-month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.

Days on Market for Bogart, GA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
57 Days40 Days-30.1%

Summary: Homes in Bogart had an average of 40 days on market in Jun 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 22 homes were sold in Bogart; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% 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 26 Days Ago

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