$1,176 Closing Credit*
$99,000
1,400 SqFt
3 Beds
•2 Full Baths
Yvonne Wright, Listing Office: Yvonne Wright Realty
Is 31217, 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, 31217 was a Seller's Market.
Key Takeaway
31217 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31217, GA
How much do homes in 31217, GA cost?
Median Sold Price
$90,500
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-21.6%)
Key Takeaway
Homes in 31217 have sold for 21.6% less than they did a year ago.
Summary: The median home sold price in 31217 was $90,500 in November 2024, down 21.6% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $12K | $38.5K | +220.8% |
| 2 Bedrooms | $32.4K | $50.9K | +57.0% |
| 3 Bedrooms | $110K | $96K | -12.7% |
| 4 Bedrooms | $152.5K | $173.4K | +13.8% |
| 5+ Bedrooms | $239.2K | $125K | -47.8% |
Summary: 31217 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 220.8%, 2 bedroom homes increased by 57%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 47.8%.
Housing Supply in 31217, GA
How many homes are available in 31217, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 90 | +2.3% |
Summary: The 31217 real estate market had 90 homes for sale in November 2024, a 2.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 53 | 53 | 0.0% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 31217 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 54.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31217, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 31217 in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for 31217, GA
How long does it take to sell a home in 31217, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 64 Days | +85.6% |
Summary: Homes in 31217 had an average of 64 days on market in Nov 2024, up by 85.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31217 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 31217; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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