Is Bulloch 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, Bulloch County has remained a Seller's Market.
Housing Prices in Bulloch County, GA
How much do homes in Bulloch County, GA cost?
Median Sold Price
$300,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bulloch County was $300,000 in May 2024, up 15.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82K | - | N/A |
2 Bedrooms | $149.4K | $137.7K | -7.9% |
3 Bedrooms | $224.9K | $252.1K | +12.1% |
4 Bedrooms | $309.6K | $340K | +9.8% |
5+ Bedrooms | $385K | $445.4K | +15.7% |
Summary: Bulloch County 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 7.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Counties
Evans County | $154K | $212.5K | +38.0% |
Candler County | $177K | $215.1K | +21.5% |
Bulloch County | $259.2K | $300K | +15.7% |
Screven County | $185K | $206.5K | +11.6% |
Effingham County | $320.4K | $342.2K | +6.8% |
Housing Supply in Bulloch County, GA
How many homes are available in Bulloch County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
252 | 271 | +7.5% |
Summary: The Bulloch County real estate market had 271 homes for sale in May 2024, a 7.5% 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 | 15 | 13 | -13.3% |
3 Bedrooms | 104 | 117 | +12.5% |
4 Bedrooms | 104 | 111 | +6.7% |
5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Bulloch County 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 decreased by 13.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 65 | +14.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Bulloch County in May 2024, up by 14.0% month-over-month. Of the 56 sold homes, 54% were sold under asking, 34% were sold at asking, and 13% were sold over asking.
Days on Market for Bulloch County, GA
How long does it take to sell a home in Bulloch County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +16.2% |
Summary: Homes in Bulloch County had an average of 33 days on market in May 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 65 homes were sold in Bulloch County; 54% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.