Is Thunderbolt, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thunderbolt is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Thunderbolt has remained a Seller'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

$431,250

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$56,250(+15.0%)

Key Takeaway

Homes in Thunderbolt have sold for 15% more than they did a year ago.

Summary: The median home sold price in Thunderbolt was $431,250 in March 2024, up 15% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $340K$425K
+25.0%
3 $375K$375K
0.0%
4 $398.2K$469.7K
+18.0%
5+ -$887.3K
N/A

Summary: Thunderbolt 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 25%, 3 bedroom homes did not change, 4 bedroom homes increased by 18%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Savannah
+18.4%
Thunderbolt
+15.0%
Tybee Island-Wilmington Island
+4.4%

Housing Supply in Thunderbolt, GA

How many homes are available in Thunderbolt, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1618+12.5%

Summary: The Thunderbolt real estate market had 18 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1010
0.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Thunderbolt 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thunderbolt, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Thunderbolt in March 2024, up by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Thunderbolt are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in Thunderbolt; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Thunderbolt, GA

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