Is 31021, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31021 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 31021 has remained a Seller's Market.

Key Takeaway

31021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31021, GA

How much do homes in 31021, GA cost?

Median Sold Price

$206,185

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,815(-5.4%)

Key Takeaway

Homes in 31021 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 31021 was $206,185 in November 2024, down 5.4% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$240K
N/A
2 $69.5K$100.5K
+44.6%
3 $190K$195K
+2.6%
4 $291.8K$310.9K
+6.5%
5+ $370K$253.7K
-31.4%

Summary: 31021 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 31.4%.

Housing Supply in 31021, GA

How many homes are available in 31021, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
95101+6.3%

Summary: The 31021 real estate market had 101 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 5150
-2.0%
4 2934
+17.2%
5+ 88
0.0%

Summary: The 31021 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31021, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 31021 in November 2024, up by 20.0% month-over-month. Of the 16 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 31021, GA

How long does it take to sell a home in 31021, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days69 Days+30.5%

Summary: Homes in 31021 had an average of 69 days on market in Nov 2024, up by 30.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31021 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 31021; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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