Is Thunderbolt, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Thunderbolt was a Buyer's Market.
Key Takeaway
Thunderbolt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thunderbolt, GA
How much do homes in Thunderbolt, GA cost?
Median Sold Price
$435,750
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Thunderbolt have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Thunderbolt was $435,750 in June 2024, up 13.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $425K | +46.6% |
| 3 Bedrooms | $406K | $375K | -7.6% |
| 4 Bedrooms | $364.5K | $463K | +27.0% |
| 5+ Bedrooms | $1.0M | $724.6K | -31.0% |
Summary: Thunderbolt housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.6%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 31%.
Median Sold Price Compared To Nearby Cities
| Thunderbolt | $383.5K | $435.7K | +13.6% |
| Savannah | $325.7K | $355.4K | +9.1% |
| Tybee Island-Wilmington Island | $439K | $459.8K | +4.7% |
Housing Supply in Thunderbolt, GA
How many homes are available in Thunderbolt, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Thunderbolt real estate market had 13 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Thunderbolt housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thunderbolt, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Thunderbolt in June 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Thunderbolt, GA
How long does it take to sell a home in Thunderbolt, GA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Thunderbolt has remained consistent over time.
Summary: During June 2024, 6 homes were sold in Thunderbolt; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
