$4,155 Closing Credit*
$349,900
1,333 SqFt
3 Beds
•2 Full Baths
Thomas W Smith Jr., Listing Office: Coldwell Banker Elite
Is Bowling Green, VA 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, Bowling Green was a Seller's Market.
Key Takeaway
Bowling Green is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bowling Green, VA
How much do homes in Bowling Green, VA cost?
Median Sold Price
$354,900
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,000(-2.2%)
Key Takeaway
Homes in Bowling Green have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Bowling Green was $354,900 in November 2024, down 2.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $178K | $190K | +6.7% |
| 3 Bedrooms | $325K | $334K | +2.8% |
| 4 Bedrooms | $379.9K | $387.4K | +2.0% |
| 5+ Bedrooms | $419.9K | $690K | +64.3% |
Summary: Bowling Green 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 6.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 64.3%.
Housing Supply in Bowling Green, VA
How many homes are available in Bowling Green, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Bowling Green real estate market had 25 homes for sale in November 2024, a 31.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Bowling Green 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 41.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bowling Green, 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 Bowling Green in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bowling Green, VA
How long does it take to sell a home in Bowling Green, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 7 Days | -87.1% |
Summary: Homes in Bowling Green had an average of 7 days on market in Nov 2024, down by 87.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bowling Green are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bowling Green; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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