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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogart is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bogart, GA

How much do homes in Bogart, GA cost?

Median Sold Price

$385,917

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$51,137(+15.3%)

Key Takeaway

Homes in Bogart have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Bogart was $385,917 in April 2024, up 15.3% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $221K$225K
+1.8%
3 $324.7K$343.5K
+5.8%
4 $380K$425K
+11.8%
5+ $495K$587.2K
+18.6%

Summary: Bogart housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Cities

Bogart
+15.3%
Bogart
+14.2%
Athens
+6.7%

Housing Supply in Bogart, GA

How many homes are available in Bogart, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
204218+6.9%

Summary: The Bogart real estate market had 218 homes for sale in April 2024, a 6.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1618
+12.5%
3 7673
-3.9%
4 7886
+10.3%
5+ 3441
+20.6%

Summary: The Bogart housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 20.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4851+6.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bogart, you may be able to get a good deal. 64.6% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Bogart in April 2024, up by 6.3% month-over-month. Of the 48 sold homes, 65% were sold under asking, 17% were sold at asking, and 19% were sold over asking.

Days on Market for Bogart, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days42 Days+47.1%

Summary: Homes in Bogart had an average of 42 days on market in Apr 2024, up by 47.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 51 homes were sold in Bogart; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% 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 12 Days Ago

Newest Listings in Bogart, GA

Nearby Markets to Bogart, GA

What housing markets are near Bogart, GA?