Is Bill Arp, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bill Arp is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bill Arp was a Seller's Market.

Key Takeaway

Bill Arp is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bill Arp, GA

How much do homes in Bill Arp, GA cost?

Median Sold Price

$320,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,300(+1.4%)

Key Takeaway

Homes in Bill Arp have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Bill Arp was $320,000 in November 2024, up 1.4% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $210K$385K
+83.3%
3 $265K$282K
+6.4%
4 $350K$340K
-2.9%
5+ $483.9K$490K
+1.3%

Summary: Bill Arp housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Fairplay
+8.4%
Douglasville-Lithia Springs
+6.8%
Douglasville
+4.0%
Bill Arp
+1.4%
Winston
-1.0%

Housing Supply in Bill Arp, GA

How many homes are available in Bill Arp, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
298304+2.0%

Summary: The Bill Arp real estate market had 304 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 135126
-6.7%
4 99107
+8.1%
5+ 6371
+12.7%

Summary: The Bill Arp housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 12.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5641-26.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bill Arp, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Bill Arp in November 2024, down by 26.8% month-over-month. Of the 38 sold homes, 39% were sold under asking, 32% were sold at asking, and 29% were sold over asking.

Days on Market for Bill Arp, GA

How long does it take to sell a home in Bill Arp, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days53 Days+136.5%

Summary: Homes in Bill Arp had an average of 53 days on market in Nov 2024, up by 136.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Bill Arp; 41% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

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