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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogart is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Bogart has remained a Neutral Market.

Key Takeaway

Bogart 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 Bogart, GA

How much do homes in Bogart, GA cost?

Median Sold Price

$475,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+10.5%)

Key Takeaway

Homes in Bogart have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Bogart was $475,000 in October 2024, up 10.5% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $260K$205K
-21.2%
3 $380K$375K
-1.3%
4 $485.7K$512.7K
+5.6%
5+ $819.9K$590K
-28.0%

Summary: Bogart 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 21.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 28%.

Median Sold Price Compared To Nearby Cities

Bogart
+10.5%
Bogart
+9.1%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7479+6.8%

Summary: The Bogart real estate market had 79 homes for sale in October 2024, a 6.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2424
0.0%
4 2828
0.0%
5+ 2023
+15.0%

Summary: The Bogart 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 84.6% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Bogart in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
41 Days69 Days+68.0%

Summary: Homes in Bogart had an average of 69 days on market in Oct 2024, up by 68% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Bogart; 15% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 31% 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 16 Days Ago

Newest Listings in Bogart, GA

Nearby Markets to Bogart, GA

What housing markets are near Bogart, GA?