Is Bogart, 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, Bogart has remained a Seller's Market.
Housing Prices in Bogart, GA
How much do homes in Bogart, GA cost?
Median Sold Price
$393,093
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bogart was $393,093 in May 2024, up 11.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | - | N/A |
2 Bedrooms | $225K | $215K | -4.4% |
3 Bedrooms | $325K | $347.5K | +6.9% |
4 Bedrooms | $395K | $430K | +8.9% |
5+ Bedrooms | $644.5K | $580.6K | -9.9% |
Summary: Bogart housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
Bogart | $352K | $393K | +11.7% |
Bogart | $415K | $462.5K | +11.4% |
Athens | $316.7K | $344.7K | +8.8% |
Housing Supply in Bogart, GA
How many homes are available in Bogart, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
233 | 236 | +1.3% |
Summary: The Bogart real estate market had 236 homes for sale in May 2024, a 1.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 80 | 84 | +5.0% |
4 Bedrooms | 92 | 92 | 0.0% |
5+ Bedrooms | 42 | 40 | -4.8% |
Summary: The Bogart housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 69 | +16.9% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 69 homes were sold or pending in Bogart in May 2024, up by 16.9% month-over-month. Of the 61 sold homes, 51% were sold under asking, 36% were sold at asking, and 13% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 45 Days | +61.7% |
Summary: Homes in Bogart had an average of 45 days on market in May 2024, up by 61.7% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 69 homes were sold in Bogart; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.