Is Bonaire, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bonaire was a Buyer's Market.
Key Takeaway
Bonaire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bonaire, GA
How much do homes in Bonaire, GA cost?
Median Sold Price
$310,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bonaire have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Bonaire was $310,000 in March 2024, up 17.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $227.5K | $245.5K | +7.9% |
| 4 Bedrooms | $303K | $333.2K | +10.0% |
| 5+ Bedrooms | $424.9K | $399.9K | -5.9% |
Summary: Bonaire 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 did not change, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Bonaire | $263K | $310K | +17.9% |
| Warner Robins | $195K | $217.5K | +11.6% |
| Kathleen | $353.6K | $381.1K | +7.8% |
| Elko | $383.2K | $385K | 0.5% |
Housing Supply in Bonaire, GA
How many homes are available in Bonaire, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 100 | 113 | +13.0% |
Summary: The Bonaire real estate market had 113 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 45 | 51 | +13.3% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Bonaire 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 100%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 21 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bonaire, expect to pay close to the asking price. 38.1% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Bonaire in March 2024, up by 50.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Bonaire, GA
How long does it take to sell a home in Bonaire, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 109 Days | 34 Days | -68.3% |
Summary: Homes in Bonaire had an average of 34 days on market in Mar 2024, down by 68.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bonaire are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Bonaire; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% 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.