$3,673 Closing Credit*
$309,300
1,760 SqFt
3 Beds
•2 Full Baths
Anthony Dufrene, Listing Office: Fathom Realty GA, LLC
Is 31061, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31061 has remained a Seller's Market.
Key Takeaway
31061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31061, GA
How much do homes in 31061, GA cost?
Median Sold Price
$246,483
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,266(-7.9%)
Key Takeaway
Homes in 31061 have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in 31061 was $246,483 in October 2024, down 7.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.2K | $553.9K | +534.9% |
| 2 Bedrooms | $162.5K | $129K | -20.6% |
| 3 Bedrooms | $245K | $225K | -8.2% |
| 4 Bedrooms | $382.5K | $331K | -13.5% |
| 5+ Bedrooms | $399K | $482.5K | +20.9% |
Summary: 31061 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 534.9%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Zip Codes
| 31024 | $375K | $419.9K | +12.0% |
| 31031 | $119K | $120K | +0.8% |
| 31061 | $267.7K | $246.4K | -7.9% |
Housing Supply in 31061, GA
How many homes are available in 31061, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 160 | 167 | +4.4% |
Summary: The 31061 real estate market had 167 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 75 | 79 | +5.3% |
| 4 Bedrooms | 48 | 54 | +12.5% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The 31061 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 decreased by 6.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31061, you may be able to get a good deal. 85.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 31061 in October 2024, up by 24.0% month-over-month. Of the 27 sold homes, 85% were sold under asking, 4% were sold at asking, and 11% were sold over asking.
Days on Market for 31061, GA
How long does it take to sell a home in 31061, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 67 Days | -17.5% |
Summary: Homes in 31061 had an average of 67 days on market in Oct 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31061 has remained consistent over time.
Summary: During October 2024, 31 homes were sold in 31061; 35% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.