Is Bowdon, 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, Bowdon was a Seller's Market.
Housing Prices in Bowdon, GA
How much do homes in Bowdon, GA cost?
Median Sold Price
$215,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bowdon was $215,000 in March 2024, up 4.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $63.9K | N/A |
2 Bedrooms | $143K | $154K | +7.7% |
3 Bedrooms | $201.9K | $228K | +12.9% |
4 Bedrooms | $230.4K | $215K | -6.7% |
5+ Bedrooms | $360K | $445K | +23.6% |
Summary: Bowdon 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 7.7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 23.6%.
Housing Supply in Bowdon, GA
How many homes are available in Bowdon, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Summary: The Bowdon real estate market had 18 homes for sale in March 2024, a 63.6% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 5 | 13 | +160.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bowdon 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 decreased by 66.7%, 3 bedroom homes increased by 160%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Bowdon in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bowdon, GA
How long does it take to sell a home in Bowdon, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 111 Days | +318.0% |
Summary: Homes in Bowdon had an average of 111 days on market in Mar 2024, up by 318% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Bowdon; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.