$1,769 Closing Credit*
$149,000
1,525 SqFt
3 Beds
•2 Full Baths
#246930, Listing Office: DESTINATION 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 October 2023
At the same time last year, 31023 was a Neutral Market.
Key Takeaway
31023 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31023, GA
How much do homes in 31023, GA cost?
Median Sold Price
$150,000
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-9.1%)
Key Takeaway
Homes in 31023 have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in 31023 was $150,000 in October 2024, down 9.1% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48K | - | N/A |
| 2 Bedrooms | $78K | $94K | +20.5% |
| 3 Bedrooms | $132.5K | $150K | +13.2% |
| 4 Bedrooms | $236.5K | $230.2K | -2.6% |
| 5+ Bedrooms | $360K | $190K | -47.2% |
Summary: 31023 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 increased by 20.5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 47.2%.
Housing Supply in 31023, GA
How many homes are available in 31023, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 48 | +33.3% |
Summary: The 31023 real estate market had 48 homes for sale in October 2024, a 33.3% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 22 | 31 | +40.9% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 31023 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 100%, 3 bedroom homes increased by 40.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31023, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 31023 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 14 Days | -78.7% |
Summary: Homes in 31023 had an average of 14 days on market in Oct 2024, down by 78.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31023 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 31023; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.