$75,000
0.54 Acres
Land
Teresa H. Cowart, Listing Office: Re/Max Accent
Is Bloomingdale, 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, Bloomingdale was a Neutral Market.
Key Takeaway
Bloomingdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomingdale, GA
How much do homes in Bloomingdale, GA cost?
Median Sold Price
$344,495
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,505(+3.8%)
Key Takeaway
Homes in Bloomingdale have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Bloomingdale was $344,495 in October 2024, up 3.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $294.5K | $145K | -50.8% |
| 3 Bedrooms | $285K | $310.9K | +9.1% |
| 4 Bedrooms | $342.9K | $369.9K | +7.9% |
| 5+ Bedrooms | $385.2K | $399.7K | +3.8% |
Summary: Bloomingdale 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 decreased by 50.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Savannah | $335.5K | $364.5K | +8.7% |
| Bloomingdale | $331.9K | $344.4K | +3.8% |
| Pooler-Bloomingdale | $341.7K | $350K | +2.4% |
| Pooler | $369.9K | $354.4K | -4.2% |
Housing Supply in Bloomingdale, GA
How many homes are available in Bloomingdale, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Bloomingdale real estate market had 37 homes for sale in October 2024, a 2.6% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Bloomingdale 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 decreased by 26.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomingdale, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bloomingdale in October 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Bloomingdale, GA
How long does it take to sell a home in Bloomingdale, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 109 Days | +55.7% |
Summary: Homes in Bloomingdale had an average of 109 days on market in Oct 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Bloomingdale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Bloomingdale; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
