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 Last Month

Since last month, 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

$480,000

$187/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$54,500(+12.8%)

Key Takeaway

Homes in Bogart have sold for 12.8% more than they did a month ago.

Summary: The median home sold price in Bogart was $480,000 in March 2024, up 12.8% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$248.5K
N/A
3 $334.9K$460K
+37.4%
4 $435K$562K
+29.2%
5+ $764.5K$763K
-0.2%

Summary: Bogart housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.4%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes decreased by 0.2%.

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7781+5.2%

Summary: The Bogart real estate market had 81 homes for sale in March 2024, a 5.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2228
+27.3%
4 3328
-15.2%
5+ 2022
+10.0%

Summary: The Bogart 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 increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
20200.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 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. 36.8% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Bogart in March 2024, the same as the previous 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 Bogart, GA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
27 Days38 Days+38.8%

Summary: Homes in Bogart had an average of 38 days on market in Mar 2024, up by 38.8% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 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 March 2024, 20 homes were sold in Bogart; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% 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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