$889 Closing Credit*
$74,900
916 SqFt
2 Beds
•1 Full Bath
Esiri Ohimor, Listing Office: Realty Hub of Georgia, LLC
Is 31204, 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, 31204 was a Seller's Market.
Key Takeaway
31204 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31204, GA
How much do homes in 31204, GA cost?
Median Sold Price
$145,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,646(+14.8%)
Key Takeaway
Homes in 31204 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 31204 was $145,000 in November 2024, up 14.8% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $119.9K | +242.6% |
| 2 Bedrooms | $52K | $60K | +15.4% |
| 3 Bedrooms | $132K | $157K | +18.9% |
| 4 Bedrooms | $170K | $200K | +17.6% |
| 5+ Bedrooms | $200K | $188K | -6.0% |
Summary: 31204 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 242.6%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 6%.
Housing Supply in 31204, GA
How many homes are available in 31204, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 168 | 174 | +3.6% |
Summary: The 31204 real estate market had 174 homes for sale in November 2024, a 3.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 39 | 40 | +2.6% |
| 3 Bedrooms | 90 | 92 | +2.2% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 31204 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 2.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31204, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 31204 in November 2024, up by 4.3% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 31204, GA
How long does it take to sell a home in 31204, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 52 Days | +46.2% |
Summary: Homes in 31204 had an average of 52 days on market in Nov 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31204 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 31204; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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