$2,874 Closing Credit*
$242,000
1,411 SqFt
3 Beds
•2 Full Baths, 1 Partial
Daniel J. Demers, Listing Office: Sell Your Home Services LLC
Is 31313, 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, 31313 has remained a Seller's Market.
Key Takeaway
31313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31313, GA
How much do homes in 31313, GA cost?
Median Sold Price
$259,998
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,898(+3.5%)
Key Takeaway
Homes in 31313 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 31313 was $259,998 in November 2024, up 3.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90.9K | $118K | +29.7% |
| 3 Bedrooms | $222K | $240.2K | +8.2% |
| 4 Bedrooms | $274.7K | $281.6K | +2.5% |
| 5+ Bedrooms | $318.4K | $346.3K | +8.8% |
Summary: 31313 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 29.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in 31313, GA
How many homes are available in 31313, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 176 | 140 | -20.5% |
Summary: The 31313 real estate market had 140 homes for sale in November 2024, a 20.5% 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 | 2 | -50.0% |
| 3 Bedrooms | 94 | 68 | -27.7% |
| 4 Bedrooms | 69 | 59 | -14.5% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 31313 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 decreased by 50%, 3 bedroom homes decreased by 27.7%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 42 | -26.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31313, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in 31313 in November 2024, down by 26.3% month-over-month. Of the 40 sold homes, 10% were sold under asking, 40% were sold at asking, and 50% were sold over asking.
Days on Market for 31313, GA
How long does it take to sell a home in 31313, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 32 Days | +74.3% |
Summary: Homes in 31313 had an average of 32 days on market in Nov 2024, up by 74.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31313 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 31313; 24% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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