$4,630 Closing Credit*
$389,900
2,306 SqFt
4 Beds
•3 Full Baths
Shelease Allen, Listing Office: Prestige Brokers Group, LLC.
Is Bill Arp, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bill Arp was a Seller's Market.
Key Takeaway
Bill Arp is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bill Arp, GA
How much do homes in Bill Arp, GA cost?
Median Sold Price
$321,186
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,686(+1.8%)
Key Takeaway
Homes in Bill Arp have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Bill Arp was $321,186 in October 2024, up 1.8% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $176K | $326.4K | +85.5% |
| 3 Bedrooms | $265K | $280K | +5.7% |
| 4 Bedrooms | $345K | $346.4K | 0.4% |
| 5+ Bedrooms | $479.3K | $489K | +2.0% |
Summary: Bill Arp housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Fairplay | $399K | $435K | +9.0% |
| Douglasville-Lithia Springs | $288.8K | $309.6K | +7.2% |
| Douglasville | $316.3K | $329.9K | +4.3% |
| Bill Arp | $315.5K | $321.1K | +1.8% |
| Winston | $345K | $336K | -2.6% |
Housing Supply in Bill Arp, GA
How many homes are available in Bill Arp, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 293 | 345 | +17.7% |
Summary: The Bill Arp real estate market had 345 homes for sale in October 2024, a 17.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 129 | 145 | +12.4% |
| 4 Bedrooms | 98 | 119 | +21.4% |
| 5+ Bedrooms | 65 | 80 | +23.1% |
Summary: The Bill Arp housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 56 | +24.4% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bill Arp, you may be able to get a good deal. 51% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in Bill Arp in October 2024, up by 24.4% month-over-month. Of the 51 sold homes, 51% were sold under asking, 25% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 52 Days | +65.4% |
Summary: Homes in Bill Arp had an average of 52 days on market in Oct 2024, up by 65.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bill Arp has remained consistent over time.
Summary: During October 2024, 56 homes were sold in Bill Arp; 41% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 16% 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.