$5,699 Closing Credit*
$479,900
3,213 SqFt
4 Beds
•3 Full Baths, 1 Partial
Trisha M. Cook, Listing Office: Compass Georgia, LLC
Is 31322, 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, 31322 has remained a Seller's Market.
Key Takeaway
31322 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31322, GA
How much do homes in 31322, GA cost?
Median Sold Price
$350,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,995(-2.8%)
Key Takeaway
Homes in 31322 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 31322 was $350,000 in October 2024, down 2.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $259.9K | $255K | -1.9% |
| 3 Bedrooms | $311K | $315K | +1.3% |
| 4 Bedrooms | $400K | $395.9K | -1.0% |
| 5+ Bedrooms | $444.9K | $457.5K | +2.8% |
Summary: 31322 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 decreased by 1.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 31322, GA
How many homes are available in 31322, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 199 | 201 | +1.0% |
Summary: The 31322 real estate market had 201 homes for sale in October 2024, a 1.0% 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 | 14 | 14 | 0.0% |
| 3 Bedrooms | 85 | 89 | +4.7% |
| 4 Bedrooms | 66 | 65 | -1.5% |
| 5+ Bedrooms | 34 | 33 | -2.9% |
Summary: The 31322 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 remained the same, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 41 | -19.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31322, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 31322 in October 2024, down by 19.6% month-over-month. Of the 40 sold homes, 43% were sold under asking, 40% were sold at asking, and 18% were sold over asking.
Days on Market for 31322, GA
How long does it take to sell a home in 31322, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 49 Days | +298.0% |
Summary: Homes in 31322 had an average of 49 days on market in Oct 2024, up by 298% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31322 has remained consistent over time.
Summary: During October 2024, 41 homes were sold in 31322; 7% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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