Is Bowdon, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Bowdon has remained a Seller's Market.
Housing Prices
How much do homes in Bowdon, GA cost?
Median Sold Price
$228,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Bowdon was $228,000 in August 2023, up 15.4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $143K | $157.5K | +10.1% |
3 Bedrooms | $197.5K | $228K | +15.4% |
4 Bedrooms | $221K | $225K | +1.8% |
5+ Bedrooms | $475K | $360K | -24.2% |
Summary: Bowdon housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 24.2%.
Housing Supply
How many homes are available in Bowdon, GA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
12 | 19 | +58.3% |
Summary: The Bowdon real estate market had 19 homes for sale in August 2023, a 58.3% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bowdon housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bowdon in August 2023, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market
How long does it take to sell a home in Bowdon, GA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
31 Days | 25 Days | -18.9% |
Summary: Homes in Bowdon had an average of 25 days on market in Aug 2023, down by 18.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During August 2023, 5 homes were sold in Bowdon; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.