$3,384 Closing Credit*
$285,000
1,395 SqFt
3 Beds
•2 Full Baths
Rachel F. Fitzpatrick, Listing Office: Keller Williams Golden Isles
Is 31305, 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, 31305 has remained a Buyer's Market.
Key Takeaway
31305 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31305, GA
How much do homes in 31305, GA cost?
Median Sold Price
$270,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,350(+1.3%)
Key Takeaway
Homes in 31305 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 31305 was $270,000 in October 2024, up 1.3% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118K | - | N/A |
| 3 Bedrooms | $257.5K | $278.3K | +8.1% |
| 4 Bedrooms | $295.9K | $269.9K | -8.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 31305 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 8.1%, 4 bedroom homes decreased by 8.8%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 41 | +32.3% |
Summary: The 31305 real estate market had 41 homes for sale in October 2024, a 32.3% 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 | 3 | +50.0% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 31305 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 increased by 50%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 31305 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31305 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 31305; 33% 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.
