$4,714 Closing Credit*
$397,000
2,728 SqFt
4 Beds
•2 Full Baths, 1 Partial
Natarsha Scott, Listing Office: Greenhouse International R/E
Is 31312, 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, 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
$355,666
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$966(+0.3%)
Key Takeaway
The sold price of homes in 31312 has remained the same since last year.
Summary: The median home sold price in 31312 was $355,666 in October 2024, up 0.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | - | N/A |
| 2 Bedrooms | $93K | $220K | +136.6% |
| 3 Bedrooms | $290K | $297.2K | +2.5% |
| 4 Bedrooms | $372.5K | $372.5K | 0% |
| 5+ Bedrooms | $425.9K | $430.5K | +1.1% |
Summary: 31312 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 increased by 136.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 31312, GA
How many homes are available in 31312, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 134 | 141 | +5.2% |
Summary: The 31312 real estate market had 141 homes for sale in October 2024, a 5.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 49 | 55 | +12.2% |
| 4 Bedrooms | 48 | 44 | -8.3% |
| 5+ Bedrooms | 35 | 39 | +11.4% |
Summary: The 31312 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 100%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 39 | +50.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
16 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. 42.1% of homes here sold near the asking price last month.
Summary: A total of 39 homes were sold or pending in 31312 in October 2024, up by 50.0% month-over-month. Of the 38 sold homes, 34% were sold under asking, 42% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 34 Days | +71.7% |
Summary: Homes in 31312 had an average of 34 days on market in Oct 2024, up by 71.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31312 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in 31312; 21% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
