Is 31041, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31041 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31041 has remained a Seller's Market.

Key Takeaway

31041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31041, GA

How much do homes in 31041, GA cost?

Median Sold Price

$65,000

$35/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-35.0%)

Key Takeaway

Homes in 31041 have sold for 35% less than they did a month ago.

Summary: The median home sold price in 31041 was $65,000 in November 2024, down 35% from last month, and the median price per square foot was $35.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$65K
N/A
5+ $100K-
N/A

Summary: 31041 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 31041, GA

How many homes are available in 31041, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21-50.0%

Summary: The 31041 real estate market had 1 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The 31041 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31041, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 31041 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 31041, GA

How long does it take to sell a home in 31041, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
78 Days158 Days+102.6%

Summary: Homes in 31041 had an average of 158 days on market in Nov 2024, up by 102.6% compared to last month.

Breakdown of Home Sale Times

0 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

Most homes in 31041 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 31041; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

Newest Listings in 31041, GA

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