Is 31052, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31052 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 31052 was a Neutral Market.

Key Takeaway

31052 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31052, GA

How much do homes in 31052, GA cost?

Median Sold Price

$257,495

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$37,505(-12.7%)

Key Takeaway

Homes in 31052 have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in 31052 was $257,495 in November 2024, down 12.7% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$180K
N/A
3 $230K$243.5K
+5.9%
4 $327.5K$297.5K
-9.2%
5+ $372K$319.9K
-14.0%

Summary: 31052 housing prices by bedroom type for November 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 5.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 14%.

Median Sold Price Compared To Nearby Zip Codes

31206
+7.1%
31220
+6.5%
31008
-2.8%
31052
-12.7%

Housing Supply in 31052, GA

How many homes are available in 31052, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4349+14.0%

Summary: The 31052 real estate market had 49 homes for sale in November 2024, a 14.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1013
+30.0%
4 1816
-11.1%
5+ 1419
+35.7%

Summary: The 31052 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 increased by 30%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 35.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31052, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 31052 in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 31052, GA

How long does it take to sell a home in 31052, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days76 Days+5.9%

Summary: Homes in 31052 had an average of 76 days on market in Nov 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 31052 has remained consistent over time.

Summary: During November 2024, 5 homes were sold in 31052; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 31052, GA

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