$711 Closing Credit*
$59,900
1,174 SqFt
3 Beds
•1 Full Bath
Julia E Azubuike, Listing Office: Maximum One Realtor Partners
Is 31055, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 31055 was a Seller's Market.
Key Takeaway
31055 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31055, GA
How much do homes in 31055, GA cost?
Median Sold Price
$140,000
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+12.0%)
Key Takeaway
Homes in 31055 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 31055 was $140,000 in October 2024, up 12% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.5K | $117.5K | +21.8% |
| 3 Bedrooms | $139.9K | $151K | +7.9% |
| 4 Bedrooms | $148.5K | $105K | -29.3% |
| 5+ Bedrooms | - | $275K | N/A |
Summary: 31055 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 increased by 21.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes did not change.
Housing Supply in 31055, GA
How many homes are available in 31055, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The 31055 real estate market had 17 homes for sale in October 2024, a 13.3% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 31055 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 increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31055, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 31055 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 31055, GA
How long does it take to sell a home in 31055, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 6 Days | -86.5% |
Summary: Homes in 31055 had an average of 6 days on market in Oct 2024, down by 86.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31055 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 31055; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
