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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogart is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bogart, GA

How much do homes in Bogart, GA cost?

Median Sold Price

$475,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,500(+10.3%)

Key Takeaway

Homes in Bogart have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Bogart was $475,000 in November 2024, up 10.3% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$205K
-21.2%
3 $380K$375K
-1.3%
4 $485K$517K
+6.6%
5+ $819.9K$589.9K
-28.0%

Summary: Bogart 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 21.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 28%.

Median Sold Price Compared To Nearby Cities

Bogart
+10.3%
Bogart
+7.4%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7476+2.7%

Summary: The Bogart real estate market had 76 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 510
+100.0%
3 2320
-13.0%
4 2425
+4.2%
5+ 2221
-4.5%

Summary: The Bogart 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 increased by 100%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13130.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bogart, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Bogart in November 2024, the same as the previous month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Bogart, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days70 Days+96.9%

Summary: Homes in Bogart had an average of 70 days on market in Nov 2024, up by 96.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Bogart; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% 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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