$1,660 Closing Credit*
$139,800
1,248 SqFt
3 Beds
•2 Full Baths
Jalana Cuyler, Listing Office: HRP Realty
Is 31216, 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, 31216 was a Seller's Market.
Key Takeaway
31216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31216, GA
How much do homes in 31216, GA cost?
Median Sold Price
$260,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$500(+0.2%)
Key Takeaway
The sold price of homes in 31216 has remained the same since last year.
Summary: The median home sold price in 31216 was $260,000 in November 2024, up 0.2% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $202.5K | -19.0% |
| 3 Bedrooms | $245.5K | $237.9K | -3.1% |
| 4 Bedrooms | $279.9K | $288.2K | +3.0% |
| 5+ Bedrooms | $327.5K | $399.5K | +22.0% |
Summary: 31216 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 decreased by 19%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 22%.
Housing Supply in 31216, GA
How many homes are available in 31216, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 100 | +8.7% |
Summary: The 31216 real estate market had 100 homes for sale in November 2024, a 8.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 40 | 40 | 0.0% |
| 4 Bedrooms | 35 | 40 | +14.3% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The 31216 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 increased by 14.3%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31216, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 31216 in November 2024, down by 12.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 62% were sold at asking, and 8% were sold over asking.
Days on Market for 31216, GA
How long does it take to sell a home in 31216, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 41 Days | -4.4% |
Summary: Homes in 31216 had an average of 41 days on market in Nov 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31216 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 31216; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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