$2,256 Closing Credit*
$190,000
1,234 SqFt
3 Beds
•2 Full Baths
#246907, Listing Office: CENTURY 21 HOMES & INVESTMENTS
Is 31005, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31005 has remained a Seller's Market.
Key Takeaway
31005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31005, GA
How much do homes in 31005, GA cost?
Median Sold Price
$308,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,900(-2.2%)
Key Takeaway
Homes in 31005 have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in 31005 was $308,000 in October 2024, down 2.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $251K | $247.4K | -1.4% |
| 4 Bedrooms | $330K | $352.2K | +6.7% |
| 5+ Bedrooms | $419.5K | $398.9K | -4.9% |
Summary: 31005 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 31005, GA
How many homes are available in 31005, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 119 | +6.3% |
Summary: The 31005 real estate market had 119 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 45 | 42 | -6.7% |
| 4 Bedrooms | 34 | 42 | +23.5% |
| 5+ Bedrooms | 33 | 35 | +6.1% |
Summary: The 31005 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31005, expect to pay close to the asking price. 56.5% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in 31005 in October 2024, up by 33.3% month-over-month. Of the 23 sold homes, 17% were sold under asking, 57% were sold at asking, and 26% were sold over asking.
Days on Market for 31005, GA
How long does it take to sell a home in 31005, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 42 Days | +163.8% |
Summary: Homes in 31005 had an average of 42 days on market in Oct 2024, up by 163.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31005 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 31005; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.