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

At the same time last year, Bogart was a Seller's 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

$398,029

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,049(+9.1%)

Key Takeaway

Homes in Bogart have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Bogart was $398,029 in October 2024, up 9.1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $230K$220K
-4.3%
3 $335K$350K
+4.5%
4 $415K$417.5K
+0.6%
5+ $687.5K$587.2K
-14.6%

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 4.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 14.6%.

Median Sold Price Compared To Nearby Cities

Bogart
+10.5%
Bogart
+9.1%
Athens
+6.4%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
193203+5.2%

Summary: The Bogart real estate market had 203 homes for sale in October 2024, a 5.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1915
-21.1%
3 4860
+25.0%
4 9796
-1.0%
5+ 2831
+10.7%

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 decreased by 21.1%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4334-20.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Bogart in October 2024, down by 20.9% month-over-month. Of the 30 sold homes, 67% were sold under asking, 33% 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
39 Days62 Days+58.7%

Summary: Homes in Bogart had an average of 62 days on market in Oct 2024, up by 58.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

7 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, 34 homes were sold in Bogart; 12% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 21% 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?