Is Bill Arp, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bill Arp was a Seller's Market.
Housing Prices in Bill Arp, GA
How much do homes in Bill Arp, GA cost?
Median Sold Price
$324,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bill Arp was $324,500 in April 2024, up 1.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229.9K | $385K | +67.5% |
3 Bedrooms | $271.9K | $273K | 0.4% |
4 Bedrooms | $355.8K | $346K | -2.8% |
5+ Bedrooms | $489.9K | $499.9K | +2.0% |
Summary: Bill Arp housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Fairplay | $368.8K | $428K | +16.0% |
Douglasville | $317.8K | $324.9K | +2.2% |
Bill Arp | $318.7K | $324.5K | +1.8% |
Douglasville-Lithia Springs | $297.9K | $297K | -0.3% |
Winston | $350K | $345.6K | -1.2% |
Housing Supply in Bill Arp, GA
How many homes are available in Bill Arp, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
244 | 279 | +14.3% |
Summary: The Bill Arp real estate market had 279 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 106 | 124 | +17.0% |
4 Bedrooms | 75 | 90 | +20.0% |
5+ Bedrooms | 61 | 63 | +3.3% |
Summary: The Bill Arp housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 42 | -26.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Bill Arp in April 2024, down by 26.3% month-over-month. Of the 41 sold homes, 34% were sold under asking, 32% were sold at asking, and 34% were sold over asking.
Days on Market for Bill Arp, GA
How long does it take to sell a home in Bill Arp, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 30 Days | -31.6% |
Summary: Homes in Bill Arp had an average of 30 days on market in Apr 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Bill Arp; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.