Is 31301, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31301 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 31301 was a Buyer's Market.

Key Takeaway

31301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31301, GA

How much do homes in 31301, GA cost?

Median Sold Price

$280,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+21.7%)

Key Takeaway

Homes in 31301 have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in 31301 was $280,000 in October 2024, up 21.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $215K$255K
+18.6%
4 $243.7K$275.9K
+13.2%
5+ $400.4K$309K
-22.8%

Summary: 31301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 22.8%.

Median Sold Price Compared To Nearby Zip Codes

31301
+21.7%
31313
+3.5%
31316
-1.4%

Housing Supply in 31301, GA

How many homes are available in 31301, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1511-26.7%

Summary: The 31301 real estate market had 11 homes for sale in October 2024, a 26.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 127
-41.7%
5+ 20
-100.0%

Summary: The 31301 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31301, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 31301 in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 31301, GA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 31301, GA

Nearby Markets to 31301, GA