Is Bibb County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bibb County has remained a Seller's Market.
Key Takeaway
Bibb County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bibb County, GA
How much do homes in Bibb County, GA cost?
Median Sold Price
$186,850
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bibb County have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Bibb County was $186,850 in May 2024, up 7.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $61K | -14.1% |
| 2 Bedrooms | $40K | $53K | +32.5% |
| 3 Bedrooms | $145.3K | $168.4K | +15.9% |
| 4 Bedrooms | $256.1K | $260.7K | +1.8% |
| 5+ Bedrooms | $349.9K | $350K | 0.0% |
Summary: Bibb County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Bibb County | $173.6K | $186.8K | +7.6% |
| Jones County | $262.5K | $280K | +6.7% |
| Houston County | $265.2K | $270K | +1.8% |
Housing Supply in Bibb County, GA
How many homes are available in Bibb County, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 831 | 953 | +14.7% |
Summary: The Bibb County real estate market had 953 homes for sale in May 2024, a 14.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 108 | 118 | +9.3% |
| 3 Bedrooms | 398 | 451 | +13.3% |
| 4 Bedrooms | 248 | 288 | +16.1% |
| 5+ Bedrooms | 70 | 90 | +28.6% |
Summary: The Bibb County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 135 | 177 | +31.1% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bibb County, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 177 homes were sold or pending in Bibb County in May 2024, up by 31.1% month-over-month. Of the 153 sold homes, 49% were sold under asking, 30% were sold at asking, and 21% were sold over asking.
Days on Market for Bibb County, GA
How long does it take to sell a home in Bibb County, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 34 Days | +10.8% |
Summary: Homes in Bibb County had an average of 34 days on market in May 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bibb County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 177 homes were sold in Bibb County; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.