Is 31030, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31030 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 31030 has remained a Neutral Market.

Key Takeaway

31030 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 31030, GA

How much do homes in 31030, GA cost?

Median Sold Price

$165,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+5.1%)

Key Takeaway

Homes in 31030 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 31030 was $165,000 in October 2024, up 5.1% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K-
N/A
2 -$88K
N/A
3 $148K$149K
+0.7%
4 $204K$195K
-4.4%
5+ $505.5K$205K
-59.4%

Summary: 31030 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 0.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 59.4%.

Median Sold Price Compared To Nearby Zip Codes

31030
+5.1%
31008
-3.6%

Housing Supply in 31030, GA

How many homes are available in 31030, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6574+13.8%

Summary: The 31030 real estate market had 74 homes for sale in October 2024, a 13.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 3644
+22.2%
4 1211
-8.3%
5+ 57
+40.0%

Summary: The 31030 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 22.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
212+500.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31030, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 31030 in October 2024, up by 500.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.

Days on Market for 31030, GA

How long does it take to sell a home in 31030, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days46 Days+232.1%

Summary: Homes in 31030 had an average of 46 days on market in Oct 2024, up by 232.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 31030 has remained consistent over time.

Summary: During October 2024, 12 homes were sold in 31030; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in 31030, GA

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