$45,000
1.17 Acres
Land
Lisa Rodriguez-Dunn, Listing Office: Century 21 Homes & Investments
Is 31008, 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, 31008 has remained a Seller's Market.
Key Takeaway
31008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31008, GA
How much do homes in 31008, GA cost?
Median Sold Price
$241,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,000(-3.6%)
Key Takeaway
Homes in 31008 have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in 31008 was $241,000 in October 2024, down 3.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $193K | N/A |
| 3 Bedrooms | $231.8K | $235K | +1.4% |
| 4 Bedrooms | $280K | $295.9K | +5.7% |
| 5+ Bedrooms | $309K | $379.5K | +22.8% |
Summary: 31008 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 increased by 1.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 22.8%.
Housing Supply in 31008, GA
How many homes are available in 31008, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 103 | +3.0% |
Summary: The 31008 real estate market had 103 homes for sale in October 2024, a 3.0% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 64 | 60 | -6.3% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 31008 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 increased by 25%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31008, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 31008 in October 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 31008, GA
How long does it take to sell a home in 31008, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 37 Days | -1.6% |
Summary: Homes in 31008 had an average of 37 days on market in Oct 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31008 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 31008; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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