Is 31064, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31064 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 31064 was a Seller's Market.

Key Takeaway

31064 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31064, GA

How much do homes in 31064, GA cost?

Median Sold Price

$318,260

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$33,260(+11.7%)

Key Takeaway

Homes in 31064 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 31064 was $318,260 in December 2024, up 11.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $205K$178.2K
-13.0%
3 $260K$298.4K
+14.8%
4 $323K$359K
+11.1%
5+ $405K$460.4K
+13.7%

Summary: 31064 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

31064
+11.7%
30216
+3.4%
30233
+3.0%

Housing Supply in 31064, GA

How many homes are available in 31064, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9695-1.0%

Summary: The 31064 real estate market had 95 homes for sale in December 2024, a 1.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 5151
0.0%
4 3025
-16.7%
5+ 79
+28.6%

Summary: The 31064 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31064, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 31064 in December 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% were sold over asking.

Days on Market for 31064, GA

How long does it take to sell a home in 31064, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
50 Days67 Days+33.5%

Summary: Homes in 31064 had an average of 67 days on market in Dec 2024, up by 33.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were 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

Many homes in 31064 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 11 homes were sold in 31064; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 4 Days Ago

Newest Listings in 31064, GA

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