Is Thunderbolt, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thunderbolt is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Thunderbolt, GA

How much do homes in Thunderbolt, GA cost?

Median Sold Price

$432,500

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$52,500(+13.8%)

Key Takeaway

Homes in Thunderbolt have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Thunderbolt was $432,500 in May 2024, up 13.8% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $290K$425K
+46.6%
3 $392K$400K
+2.0%
4 $380K$476.5K
+25.4%
5+ $1.0M$724.6K
-31.0%

Summary: Thunderbolt 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 increased by 46.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes decreased by 31%.

Median Sold Price Compared To Nearby Cities

Thunderbolt
+13.8%
Savannah
+9.8%
Tybee Island-Wilmington Island
+1.6%

Housing Supply in Thunderbolt, GA

How many homes are available in Thunderbolt, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
15150.0%

Summary: The Thunderbolt real estate market had 15 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 88
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Thunderbolt 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thunderbolt, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Thunderbolt in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Thunderbolt, GA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in Thunderbolt, GA

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