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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomingdale is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bloomingdale was a Buyer's 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

$345,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,510(+4.4%)

Key Takeaway

Homes in Bloomingdale have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Bloomingdale was $345,000 in November 2024, up 4.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $294.5K$145K
-50.8%
3 $285K$309.9K
+8.7%
4 $340K$373K
+9.7%
5+ $367.9K$401.2K
+9.0%

Summary: Bloomingdale 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 decreased by 50.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Savannah
+7.4%
Bloomingdale
+4.4%
Pooler-Bloomingdale
+1.8%
Pooler
-4.2%

Housing Supply in Bloomingdale, GA

How many homes are available in Bloomingdale, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3834-10.5%

Summary: The Bloomingdale real estate market had 34 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 1212
0.0%
4 1413
-7.1%
5+ 109
-10.0%

Summary: The Bloomingdale 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 remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomingdale, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bloomingdale in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
4 Days42 Days+950.0%

Summary: Homes in Bloomingdale had an average of 42 days on market in Nov 2024, up by 950% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bloomingdale has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Bloomingdale; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Bloomingdale, GA

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