$396,875
Land
Susan M. Evans, Listing Office: Susan Evans Realty LLC
Is 31023, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 31023 was a Buyer's Market.
Key Takeaway
31023 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31023, GA
How much do homes in 31023, GA cost?
Median Sold Price
$210,000
$140/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$104,500(+99.1%)
Key Takeaway
Homes in 31023 have sold for 99.1% more than they did a month ago.
Summary: The median home sold price in 31023 was $210,000 in November 2024, up 99.1% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $79K | N/A |
| 3 Bedrooms | $105.5K | $210K | +99.1% |
| 4 Bedrooms | - | $590K | N/A |
| 5+ Bedrooms | - | $525K | N/A |
Summary: 31023 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 99.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 31023, GA
How many homes are available in 31023, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Summary: The 31023 real estate market had 49 homes for sale in November 2024, a 4.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 31023 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31023, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 31023 in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for 31023, GA
How long does it take to sell a home in 31023, GA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 86 Days | +520.4% |
Summary: Homes in 31023 had an average of 86 days on market in Nov 2024, up by 520.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31023 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 31023; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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