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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonaire is a buyer's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Bonaire was a Seller's Market.

Key Takeaway

Bonaire is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Bonaire, GA cost?

Median Sold Price

$255,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$28,375(+12.5%)

Key Takeaway

Homes in Bonaire have sold for 12.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $182.5K-
N/A
2 --
N/A
3 $173K$200K
+15.6%
4 $255K$310K
+21.6%
5+ $313.4K$369.9K
+18.0%

Median Sold Price Compared To Nearby Cities

Kathleen
+15.9%
Warner Robins
+15.8%
Bonaire
+12.5%
Elko
-8.7%

How many homes are available in Bonaire, GA?

Number of Homes For Sale

Apr 2022May 2022%
72116+61.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 1737
+117.6%
4 3951
+30.8%
5+ 1628
+75.0%

Number of Homes Sold

Apr 2022May 2022%
312+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonaire, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Average Sale Time

May 2021May 2022%
6 Days9 Days+40.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bonaire, GA

Number of homes for sale in Bonaire, GA real estate market have reached 116. The number of listings in Bonaire, GA increased by 61.1% between April 2022 and May 2022. The median list price of listings available in May 2022 was $255,000, while the average time on the real estate market was 9 days. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 15.6%, 4 bedrooms properties prices increased by 21.6%, 5 bedrooms properties prices increased by 18%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 117.6%, volume of 4 bedrooms homes went up by 30.8%, 5 bedrooms homes became 75% more available. While more than 4 listings in Bonaire, GA in May 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 3 were sold below.

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