Is 31036, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31036 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 31036 has remained a Buyer's Market.

Key Takeaway

31036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31036, GA

How much do homes in 31036, GA cost?

Median Sold Price

$222,000

$153/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$6,750(+3.1%)

Key Takeaway

Homes in 31036 have sold for 3.1% more than they did a month ago.

Summary: The median home sold price in 31036 was $222,000 in October 2024, up 3.1% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135.5K-
N/A
3 -$222K
N/A
4 $295K-
N/A
5+ --
N/A

Summary: 31036 housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 31036, GA

How many homes are available in 31036, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3642+16.7%

Summary: The 31036 real estate market had 42 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1723
+35.3%
4 1515
0.0%
5+ 11
0.0%

Summary: The 31036 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 35.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31036, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 31036 in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 31036, GA

How long does it take to sell a home in 31036, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
112 Days41 Days-63.1%

Summary: Homes in 31036 had an average of 41 days on market in Oct 2024, down by 63.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31036 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 31036; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in 31036, GA

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