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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogart is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bogart has remained a Seller's Market.

Key Takeaway

Bogart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bogart, GA

How much do homes in Bogart, GA cost?

Median Sold Price

$385,917

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$51,137(+15.3%)

Key Takeaway

Homes in Bogart have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Bogart was $385,917 in April 2024, up 15.3% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $221K$225K
+1.8%
3 $324.7K$343.5K
+5.8%
4 $380K$425K
+11.8%
5+ $495K$587.2K
+18.6%

Summary: Bogart 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 1.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Cities

Bogart
+15.3%
Bogart
+14.2%
Athens
+6.7%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
204218+6.9%

Summary: The Bogart real estate market had 218 homes for sale in April 2024, a 6.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1618
+12.5%
3 7673
-3.9%
4 7886
+10.3%
5+ 3441
+20.6%

Summary: The Bogart 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 increased by 12.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 20.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4851+6.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bogart, you may be able to get a good deal. 64.6% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Bogart in April 2024, up by 6.3% month-over-month. Of the 48 sold homes, 65% were sold under asking, 17% were sold at asking, and 19% were sold over asking.

Days on Market for Bogart, GA

How long does it take to sell a home in Bogart, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days42 Days+47.1%

Summary: Homes in Bogart had an average of 42 days on market in Apr 2024, up by 47.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bogart are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 51 homes were sold in Bogart; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% 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 8 Days Ago

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