$652,700
65.27 Acres
Land
Bonnie Dunn, Listing Office: Coldwell Banker Upchurch Rlty.
Is Bowman, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bowman has remained a Seller's Market.
Key Takeaway
Bowman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bowman, GA
How much do homes in Bowman, GA cost?
Median Sold Price
$234,900
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,900(+11.9%)
Key Takeaway
Homes in Bowman have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Bowman was $234,900 in October 2024, up 11.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | $127.4K | $23K | -82.0% |
| 3 Bedrooms | $244.5K | $229.9K | -6.0% |
| 4 Bedrooms | $210K | $249.9K | +19.0% |
| 5+ Bedrooms | - | $351K | N/A |
Summary: Bowman 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 82%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Housing Supply in Bowman, GA
How many homes are available in Bowman, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Bowman real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bowman 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bowman, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Bowman in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bowman, GA
How long does it take to sell a home in Bowman, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 72 Days | +133.9% |
Summary: Homes in Bowman had an average of 72 days on market in Oct 2024, up by 133.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bowman are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Bowman; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.