Is Bonaire, 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, Bonaire was a Seller's Market.
Key Takeaway
Bonaire is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bonaire, GA
How much do homes in Bonaire, GA cost?
Median Sold Price
$310,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bonaire have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Bonaire was $310,000 in April 2024, up 14.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $227.5K | $245.5K | +7.9% |
| 4 Bedrooms | $314.4K | $330K | +4.9% |
| 5+ Bedrooms | $431K | $398.9K | -7.4% |
Summary: Bonaire 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 did not change, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Bonaire | $269.9K | $310K | +14.9% |
| Warner Robins | $197.1K | $218.7K | +10.9% |
| Elko | $377K | $395K | +4.8% |
| Kathleen | $357.5K | $372.5K | +4.2% |
Housing Supply in Bonaire, GA
How many homes are available in Bonaire, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 97 | 110 | +13.4% |
Summary: The Bonaire real estate market had 110 homes for sale in April 2024, a 13.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 40 | 50 | +25.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Bonaire 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 8.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bonaire, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bonaire in April 2024, down by 33.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Bonaire, GA
How long does it take to sell a home in Bonaire, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 34 Days | -34.4% |
Summary: Homes in Bonaire had an average of 34 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bonaire are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in Bonaire; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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