$225,000
Land
Listing Office: Coldwell Banker Access Realty
Is 31305, 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, 31305 was a Seller's Market.
Key Takeaway
31305 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31305, GA
How much do homes in 31305, GA cost?
Median Sold Price
$270,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$450(-0.2%)
Key Takeaway
The sold price of homes in 31305 has remained the same since last year.
Summary: The median home sold price in 31305 was $270,000 in November 2024, down 0.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118K | - | N/A |
| 3 Bedrooms | $268.4K | $270K | +0.6% |
| 4 Bedrooms | $293.9K | $269.9K | -8.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 31305 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 did not change, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Housing Supply in 31305, GA
How many homes are available in 31305, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The 31305 real estate market had 39 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 31305 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 increased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31305, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 31305 in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 31305, GA
How long does it take to sell a home in 31305, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 135 Days | 159 Days | +18.0% |
Summary: Homes in 31305 had an average of 159 days on market in Nov 2024, up by 18% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31305 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 31305; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
