$1,663 Closing Credit*
$140,000
1,092 SqFt
2 Beds
•2 Full Baths
#246909, Listing Office: GOLDEN KEY REALTY
Is 31028, 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, 31028 has remained a Seller's Market.
Key Takeaway
31028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31028, GA
How much do homes in 31028, GA cost?
Median Sold Price
$218,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,250(+3.0%)
Key Takeaway
Homes in 31028 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 31028 was $218,000 in October 2024, up 3% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $199K | $213.5K | +7.3% |
| 4 Bedrooms | $333.2K | $256.4K | -23.0% |
| 5+ Bedrooms | $651K | $360.2K | -44.7% |
Summary: 31028 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 7.3%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes decreased by 44.7%.
Housing Supply in 31028, GA
How many homes are available in 31028, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The 31028 real estate market had 26 homes for sale in October 2024, a 30.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 31028 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 increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31028, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 31028 in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 31028, GA
How long does it take to sell a home in 31028, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 26 Days | -39.5% |
Summary: Homes in 31028 had an average of 26 days on market in Oct 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31028 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 31028; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
