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 November 2023

At the same time last year, Bonaire was a Neutral 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

$308,250

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,750(-3.7%)

Key Takeaway

Homes in Bonaire have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Bonaire was $308,250 in November 2024, down 3.7% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$195K
N/A
3 $259.4K$245K
-5.6%
4 $330K$359.9K
+9.1%
5+ $419K$425K
+1.4%

Summary: Bonaire 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 did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Warner Robins
+5.9%
Bonaire
-3.7%
Kathleen
-4.9%

Housing Supply in Bonaire, GA

How many homes are available in Bonaire, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109117+7.3%

Summary: The Bonaire real estate market had 117 homes for sale in November 2024, a 7.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 3639
+8.3%
4 4046
+15.0%
5+ 3332
-3.0%

Summary: The Bonaire 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 increased by 8.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2420-16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 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. 60% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Bonaire in November 2024, down by 16.7% month-over-month. Of the 20 sold homes, 25% were sold under asking, 60% were sold at asking, and 15% 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

Nov 2023Nov 2024CHANGE
227 Days53 Days-76.4%

Summary: Homes in Bonaire had an average of 53 days on market in Nov 2024, down by 76.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Bonaire; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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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