$3,500,000
424.00 Acres
Land
Jack Frankhouser III, Listing Office: Green Hill Land & Forestry
Is 31302, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31302 has remained a Seller's Market.
Key Takeaway
31302 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31302, GA
How much do homes in 31302, GA cost?
Median Sold Price
$363,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,010(+4.3%)
Key Takeaway
Homes in 31302 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 31302 was $363,000 in October 2024, up 4.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $294.5K | $145K | -50.8% |
| 3 Bedrooms | $301.4K | $319.9K | +6.1% |
| 4 Bedrooms | $346.9K | $373K | +7.5% |
| 5+ Bedrooms | $399.5K | $402.9K | +0.9% |
Summary: 31302 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 decreased by 50.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 31302, GA
How many homes are available in 31302, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +1.9% |
Summary: The 31302 real estate market had 53 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 31302 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 decreased by 13%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31302, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 31302 in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for 31302, GA
How long does it take to sell a home in 31302, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 109 Days | +55.7% |
Summary: Homes in 31302 had an average of 109 days on market in Oct 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 31302 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in 31302; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
