$1,900 Closing Credit*
$160,000
3 Beds
•2 Full Baths
Mariana Aguilera, Listing Office: Virtual Properties Realty.com
Is 31055, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 31055 has remained a Seller's Market.
Key Takeaway
31055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31055, GA
How much do homes in 31055, GA cost?
Median Sold Price
$162,000
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,100(+15.8%)
Key Takeaway
Homes in 31055 have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in 31055 was $162,000 in November 2024, up 15.8% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.5K | $110K | +14.0% |
| 3 Bedrooms | $140K | $162K | +15.7% |
| 4 Bedrooms | $148.5K | $137K | -7.7% |
| 5+ Bedrooms | - | $330K | N/A |
Summary: 31055 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 increased by 14%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 7.7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 31055 real estate market had 16 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 31055 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 remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 31055 in November 2024, up by 150.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 22 Days | -38.9% |
Summary: Homes in 31055 had an average of 22 days on market in Nov 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 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 November 2024, 5 homes were sold in 31055; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
