Is Boynton Ridge, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boynton Ridge is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Boynton Ridge, GA

How much do homes in Boynton Ridge, GA cost?

Median Sold Price

$339,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,333(+10.5%)

Key Takeaway

Homes in Boynton Ridge have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Boynton Ridge was $339,000 in April 2024, up 10.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$210K
N/A
2 $170K$270K
+58.8%
3 $279.5K$312.5K
+11.8%
4 $370K$440.5K
+19.1%
5+ $500K$570K
+14.0%

Summary: Boynton Ridge 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 58.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Cities

Fort Oglethorpe-Lakeview
+16.9%
Boynton Ridge
+10.5%
Fort Oglethorpe
+10.4%
Ringgold
+5.7%
Rossville-Beverly Hills
+1.9%

Housing Supply in Boynton Ridge, GA

How many homes are available in Boynton Ridge, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9989-10.1%

Summary: The Boynton Ridge real estate market had 89 homes for sale in April 2024, a 10.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 4336
-16.3%
4 3331
-6.1%
5+ 99
0.0%

Summary: The Boynton Ridge 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 decreased by 7.7%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2524-4.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boynton Ridge, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in Boynton Ridge in April 2024, down by 4.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 46% were sold at asking, and 17% were sold over asking.

Days on Market for Boynton Ridge, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days9 Days-57.4%

Summary: Homes in Boynton Ridge had an average of 9 days on market in Apr 2024, down by 57.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Boynton Ridge; 17% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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