$3,680 Closing Credit*
$309,900
1,400 SqFt
3 Beds
•2 Full Baths
Nataley Childers, Listing Office: Atlanta Communities
Is Bowdon, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bowdon was a Seller's Market.
Key Takeaway
Bowdon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bowdon, GA
How much do homes in Bowdon, GA cost?
Median Sold Price
$256,400
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,400(+12.5%)
Key Takeaway
Homes in Bowdon have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Bowdon was $256,400 in November 2024, up 12.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.9K | $133.5K | +48.5% |
| 2 Bedrooms | $170K | $200K | +17.6% |
| 3 Bedrooms | $228K | $212.5K | -6.8% |
| 4 Bedrooms | $246.4K | $334.9K | +35.9% |
| 5+ Bedrooms | $445K | $542K | +21.8% |
Summary: Bowdon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.5%, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in Bowdon, GA
How many homes are available in Bowdon, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 37 | +27.6% |
Summary: The Bowdon real estate market had 37 homes for sale in November 2024, a 27.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 18 | 24 | +33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bowdon 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bowdon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bowdon in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bowdon, GA
How long does it take to sell a home in Bowdon, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 88 Days | +282.6% |
Summary: Homes in Bowdon had an average of 88 days on market in Nov 2024, up by 282.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bowdon has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Bowdon; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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