Is Bethlehem, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethlehem is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Bethlehem, GA

How much do homes in Bethlehem, GA cost?

Median Sold Price

$360,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,005(+1.4%)

Key Takeaway

Homes in Bethlehem have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Bethlehem was $360,000 in May 2024, up 1.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$125K
N/A
2 $235K$199K
-15.3%
3 $320K$329K
+2.8%
4 $380K$375K
-1.3%
5+ $420.7K$410K
-2.6%

Summary: Bethlehem housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 2.6%.

Housing Supply in Bethlehem, GA

How many homes are available in Bethlehem, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
79104+31.6%

Summary: The Bethlehem real estate market had 104 homes for sale in May 2024, a 31.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2835
+25.0%
4 3640
+11.1%
5+ 1428
+100.0%

Summary: The Bethlehem housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2319-17.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethlehem, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Bethlehem in May 2024, down by 17.4% month-over-month. Of the 18 sold homes, 39% were sold under asking, 44% were sold at asking, and 17% were sold over asking.

Days on Market for Bethlehem, GA

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

Average Sale Time

May 2023May 2024CHANGE
26 Days14 Days-45.3%

Summary: Homes in Bethlehem had an average of 14 days on market in May 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bethlehem are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Bethlehem; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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