Is Bibb County, 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, Bibb County was a Seller's Market.
Key Takeaway
Bibb County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bibb County, GA
How much do homes in Bibb County, GA cost?
Median Sold Price
$180,781
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bibb County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Bibb County was $180,781 in March 2024, up 5.2% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39K | $38.5K | -1.3% |
| 2 Bedrooms | $40.5K | $52.2K | +29.0% |
| 3 Bedrooms | $145.6K | $164.9K | +13.3% |
| 4 Bedrooms | $255K | $253.6K | -0.5% |
| 5+ Bedrooms | $351.1K | $350.7K | -0.1% |
Summary: Bibb County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Counties
| Houston County | $240K | $265K | +10.4% |
| Bibb County | $171.8K | $180.7K | +5.2% |
Housing Supply in Bibb County, GA
How many homes are available in Bibb County, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 744 | 849 | +14.1% |
Summary: The Bibb County real estate market had 849 homes for sale in March 2024, a 14.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 99 | 124 | +25.3% |
| 3 Bedrooms | 340 | 399 | +17.4% |
| 4 Bedrooms | 226 | 245 | +8.4% |
| 5+ Bedrooms | 73 | 77 | +5.5% |
Summary: The Bibb County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 5.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 | 113 | 0.0% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bibb County, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.
Summary: A total of 113 homes were sold or pending in Bibb County in March 2024, the same as the previous month. Of the 102 sold homes, 66% were sold under asking, 23% were sold at asking, and 12% were sold over asking.
Days on Market for Bibb County, GA
How long does it take to sell a home in Bibb County, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 49 Days | +1.6% |
Summary: Homes in Bibb County had an average of 49 days on market in Mar 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bibb County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 113 homes were sold in Bibb County; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.