Is Bulloch County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bulloch County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bulloch County, GA

How much do homes in Bulloch County, GA cost?

Median Sold Price

$295,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,880(+1.3%)

Key Takeaway

Homes in Bulloch County have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Bulloch County was $295,000 in November 2024, up 1.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $82K-
N/A
2 $149.9K$150K
0.1%
3 $248K$253.5K
+2.2%
4 $333.3K$345K
+3.5%
5+ $432.4K$455K
+5.2%

Summary: Bulloch County 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 increased by 0.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Counties

Candler County
+15.6%
Screven County
+8.9%
Effingham County
+2.9%
Bulloch County
+1.3%

Housing Supply in Bulloch County, GA

How many homes are available in Bulloch County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
243230-5.3%

Summary: The Bulloch County real estate market had 230 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1515
0.0%
3 128115
-10.2%
4 8386
+3.6%
5+ 1713
-23.5%

Summary: The Bulloch County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5751-10.5%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bulloch County, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Bulloch County in November 2024, down by 10.5% month-over-month. Of the 47 sold homes, 57% were sold under asking, 23% were sold at asking, and 19% were sold over asking.

Days on Market for Bulloch County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days52 Days+142.2%

Summary: Homes in Bulloch County had an average of 52 days on market in Nov 2024, up by 142.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bulloch County has remained consistent over time.

Summary: During November 2024, 51 homes were sold in Bulloch County; 31% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Bulloch County, GA

Nearby Markets to Bulloch County, GA

What housing markets are near Bulloch County, GA?