Is Bloomingdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bloomingdale has remained a Seller's Market.
Key Takeaway
Bloomingdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomingdale, GA
How much do homes in Bloomingdale, GA cost?
Median Sold Price
$331,990
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bloomingdale have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Bloomingdale was $331,990 in April 2024, up 12.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $198.5K | -22.2% |
| 3 Bedrooms | $265K | $305K | +15.1% |
| 4 Bedrooms | $355K | $345K | -2.8% |
| 5+ Bedrooms | $404K | $388.2K | -3.9% |
Summary: Bloomingdale 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 decreased by 22.2%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Savannah | $299.8K | $354K | +18.1% |
| Bloomingdale | $295K | $331.9K | +12.5% |
| Pooler-Bloomingdale | $314.7K | $348.6K | +10.8% |
| Pooler | $339.9K | $362.7K | +6.7% |
Housing Supply in Bloomingdale, GA
How many homes are available in Bloomingdale, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 43 | -2.3% |
Summary: The Bloomingdale real estate market had 43 homes for sale in April 2024, a 2.3% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Bloomingdale 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 remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomingdale, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Bloomingdale in April 2024, up by 40.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for Bloomingdale, GA
How long does it take to sell a home in Bloomingdale, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 11 Days | +226.5% |
Summary: Homes in Bloomingdale had an average of 11 days on market in Apr 2024, up by 226.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomingdale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Bloomingdale; 50% 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.
