$4,594 Closing Credit*
$386,900
2,555 SqFt
5 Beds
•3 Full Baths
Leanna Mae Watts, Listing Office: Keystone Real Estate Co
Is 31312, 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, 31312 has remained a Seller's Market.
Key Takeaway
31312 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31312, GA
How much do homes in 31312, GA cost?
Median Sold Price
$357,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,333(-0.6%)
Key Takeaway
Homes in 31312 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 31312 was $357,000 in November 2024, down 0.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | - | N/A |
| 2 Bedrooms | $93K | $220K | +136.6% |
| 3 Bedrooms | $293.7K | $298K | +1.4% |
| 4 Bedrooms | $373.5K | $372.5K | -0.3% |
| 5+ Bedrooms | $427.7K | $429.7K | 0.5% |
Summary: 31312 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 increased by 136.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 31312, GA
How many homes are available in 31312, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 141 | 126 | -10.6% |
Summary: The 31312 real estate market had 126 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 51 | 38 | -25.5% |
| 4 Bedrooms | 47 | 48 | +2.1% |
| 5+ Bedrooms | 40 | 35 | -12.5% |
Summary: The 31312 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 31 | -18.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31312, expect to pay close to the asking price. 48.4% of homes here sold near the asking price last month.
Summary: A total of 31 homes were sold or pending in 31312 in November 2024, down by 18.4% month-over-month. Of the 31 sold homes, 23% were sold under asking, 48% were sold at asking, and 29% were sold over asking.
Days on Market for 31312, GA
How long does it take to sell a home in 31312, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 77 Days | +370.4% |
Summary: Homes in 31312 had an average of 77 days on market in Nov 2024, up by 370.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31312 has remained consistent over time.
Summary: During November 2024, 31 homes were sold in 31312; 3% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
