$4,036 Closing Credit*
$339,900
1,848 SqFt
4 Beds
•2 Full Baths
Charles W. Rockett III, Listing Office: Coldwell Banker Conner Realty
Is 31308, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 31308 has remained a Seller's Market.
Key Takeaway
31308 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31308, GA
How much do homes in 31308, GA cost?
Median Sold Price
$310,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,425(+4.9%)
Key Takeaway
Homes in 31308 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 31308 was $310,000 in November 2024, up 4.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $225K | N/A |
| 3 Bedrooms | $281.2K | $287K | +2.0% |
| 4 Bedrooms | $319.3K | $337.1K | +5.6% |
| 5+ Bedrooms | $342.5K | $372.2K | +8.7% |
Summary: 31308 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 2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 31308, GA
How many homes are available in 31308, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Summary: The 31308 real estate market had 39 homes for sale in November 2024, a 11.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 8 | -42.9% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 31308 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 decreased by 42.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31308, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 31308 in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for 31308, GA
How long does it take to sell a home in 31308, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 95 Days | +134.1% |
Summary: Homes in 31308 had an average of 95 days on market in Nov 2024, up by 134.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31308 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in 31308; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
