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 April 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

$299,635

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$48,552(+19.3%)

Key Takeaway

Homes in Bulloch County have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Bulloch County was $299,635 in April 2024, up 19.3% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $163.7K-
N/A
2 $149.9K$139.3K
-7.0%
3 $222.6K$254.9K
+14.5%
4 $320K$339.4K
+6.1%
5+ $383K$441.6K
+15.3%

Summary: Bulloch County 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 decreased by 7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Counties

Evans County
+30.2%
Bulloch County
+19.3%
Screven County
+18.1%
Effingham County
+9.3%
Candler County
-4.4%

Housing Supply in Bulloch County, GA

How many homes are available in Bulloch County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
252248-1.6%

Summary: The Bulloch County real estate market had 248 homes for sale in April 2024, a 1.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1615
-6.3%
3 103101
-1.9%
4 105101
-3.8%
5+ 2831
+10.7%

Summary: The Bulloch County 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 decreased by 6.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7658-23.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bulloch County, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.

Summary: A total of 58 homes were sold or pending in Bulloch County in April 2024, down by 23.7% month-over-month. Of the 54 sold homes, 30% were sold under asking, 39% were sold at asking, and 31% 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

Apr 2023Apr 2024CHANGE
41 Days36 Days-12.1%

Summary: Homes in Bulloch County had an average of 36 days on market in Apr 2024, down by 12.1% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 58 homes were sold in Bulloch County; 60% of homes were sold within 30 days, 16% 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 12 Days Ago

Newest Listings in Bulloch County, GA

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