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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonaire is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bonaire, GA

How much do homes in Bonaire, GA cost?

Median Sold Price

$308,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,900(-2.2%)

Key Takeaway

Homes in Bonaire have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Bonaire was $308,000 in October 2024, down 2.2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$195K
N/A
3 $251K$247.4K
-1.4%
4 $330K$352.2K
+6.7%
5+ $419.5K$398.9K
-4.9%

Summary: Bonaire 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 did not change, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Cities

Warner Robins
+4.8%
Bonaire
-2.2%
Kathleen
-4.7%

Housing Supply in Bonaire, GA

How many homes are available in Bonaire, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
112119+6.3%

Summary: The Bonaire real estate market had 119 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 4542
-6.7%
4 3442
+23.5%
5+ 3335
+6.1%

Summary: The Bonaire 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1824+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonaire, expect to pay close to the asking price. 56.5% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in Bonaire in October 2024, up by 33.3% month-over-month. Of the 23 sold homes, 17% were sold under asking, 57% were sold at asking, and 26% were sold over asking.

Days on Market for Bonaire, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days42 Days+163.8%

Summary: Homes in Bonaire had an average of 42 days on market in Oct 2024, up by 163.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 24 homes were sold in Bonaire; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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 Bonaire, GA

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