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 March 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

$378,791

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$43,791(+13.1%)

Key Takeaway

Homes in Bogart have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Bogart was $378,791 in March 2024, up 13.1% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $221K$225K
+1.8%
3 $325K$339.9K
+4.6%
4 $377.5K$405K
+7.3%
5+ $508.7K$575.5K
+13.1%

Summary: Bogart housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Cities

Bogart
+13.1%
Athens
+6.3%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2152160.5%

Summary: The Bogart real estate market had 216 homes for sale in March 2024, a 0.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 7382
+12.3%
4 9181
-11.0%
5+ 3536
+2.9%

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 6.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 2.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4647+2.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 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. 40.9% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in Bogart in March 2024, up by 2.2% month-over-month. Of the 44 sold homes, 41% were sold under asking, 39% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
35 Days50 Days+41.1%

Summary: Homes in Bogart had an average of 50 days on market in Mar 2024, up by 41.1% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

8 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, 47 homes were sold in Bogart; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

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