$6,935 Closing Credit*
$584,000
3,320 SqFt
4 Beds
•3 Full Baths, 1 Partial
#247424, Listing Office: LANDMARK REALTY
Is 31088, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 31088 was a Neutral Market.
Key Takeaway
31088 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31088, GA
How much do homes in 31088, GA cost?
Median Sold Price
$235,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.2%)
Key Takeaway
Homes in 31088 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 31088 was $235,000 in November 2024, up 2.2% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $158K | N/A |
| 2 Bedrooms | $139.6K | $140.7K | +0.8% |
| 3 Bedrooms | $199.5K | $206.5K | +3.5% |
| 4 Bedrooms | $311.9K | $318K | +1.9% |
| 5+ Bedrooms | $382.4K | $417.9K | +9.3% |
Summary: 31088 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 0.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 9.3%.
Housing Supply in 31088, GA
How many homes are available in 31088, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 227 | 253 | +11.5% |
Summary: The 31088 real estate market had 253 homes for sale in November 2024, a 11.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 106 | 121 | +14.2% |
| 4 Bedrooms | 87 | 90 | +3.4% |
| 5+ Bedrooms | 20 | 24 | +20.0% |
Summary: The 31088 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 increased by 28.6%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 33 | -17.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31088, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 31088 in November 2024, down by 17.5% month-over-month. Of the 31 sold homes, 55% were sold under asking, 29% were sold at asking, and 16% were sold over asking.
Days on Market for 31088, GA
How long does it take to sell a home in 31088, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 42 Days | +4.1% |
Summary: Homes in 31088 had an average of 42 days on market in Nov 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31088 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in 31088; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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