Is Boynton Ridge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Boynton Ridge has remained a Seller's Market.
Housing Prices in Boynton Ridge, GA
How much do homes in Boynton Ridge, GA cost?
Median Sold Price
$339,250
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boynton Ridge was $339,250 in March 2024, up 13.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $170K | $265K | +55.9% |
3 Bedrooms | $270K | $310K | +14.8% |
4 Bedrooms | $370K | $483.2K | +30.6% |
5+ Bedrooms | $500K | $577.5K | +15.5% |
Summary: Boynton Ridge 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 55.9%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
Fort Oglethorpe-Lakeview | $215K | $250K | +16.3% |
Boynton Ridge | $299.9K | $339.2K | +13.1% |
Ringgold | $284.7K | $312.4K | +9.7% |
Fort Oglethorpe | $243.7K | $265K | +8.7% |
Rossville-Beverly Hills | $182.2K | $193K | +5.9% |
Housing Supply in Boynton Ridge, GA
How many homes are available in Boynton Ridge, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 99 | +17.9% |
Summary: The Boynton Ridge real estate market had 99 homes for sale in March 2024, a 17.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 34 | 43 | +26.5% |
4 Bedrooms | 34 | 33 | -2.9% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Boynton Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 21 | +75.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Boynton Ridge in March 2024, up by 75.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Boynton Ridge, GA
How long does it take to sell a home in Boynton Ridge, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 10 Days | -83.8% |
Summary: Homes in Boynton Ridge had an average of 10 days on market in Mar 2024, down by 83.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Boynton Ridge; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.