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

$397,441

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,441(+7.4%)

Key Takeaway

Homes in Bogart have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Bogart was $397,441 in November 2024, up 7.4% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $237.5K$220K
-7.4%
3 $338K$350K
+3.6%
4 $419.9K$417.7K
-0.5%
5+ $669K$584.4K
-12.6%

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 7.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Cities

Bogart
+10.3%
Bogart
+7.4%
Athens
+4.6%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
185175-5.4%

Summary: The Bogart real estate market had 175 homes for sale in November 2024, a 5.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1616
0.0%
3 6057
-5.0%
4 8175
-7.4%
5+ 2726
-3.7%

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 remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3731-16.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 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. 58.1% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Bogart in November 2024, down by 16.2% month-over-month. Of the 31 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% 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
39 Days61 Days+57.3%

Summary: Homes in Bogart had an average of 61 days on market in Nov 2024, up by 57.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 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, 31 homes were sold in Bogart; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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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