$4,096 Closing Credit*
$344,900
490 SqFt
1 Bed
•1 Full Bath
Lee Ann Marsh, Listing Office: Century 21 Solomon Properties
Is 31328, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 31328 was a Seller's Market.
Key Takeaway
31328 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31328, GA
How much do homes in 31328, GA cost?
Median Sold Price
$733,200
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,200(+14.0%)
Key Takeaway
Homes in 31328 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 31328 was $733,200 in October 2024, up 14% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $320K | -14.7% |
| 2 Bedrooms | $500K | $497.5K | -0.5% |
| 3 Bedrooms | $655K | $745K | +13.7% |
| 4 Bedrooms | $925K | $1.0M | +13.5% |
| 5+ Bedrooms | $1.5M | $1.0M | -31.3% |
Summary: 31328 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 31.3%.
Housing Supply in 31328, GA
How many homes are available in 31328, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 123 | +8.8% |
Summary: The 31328 real estate market had 123 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 48 | 49 | +2.1% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The 31328 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 20%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31328, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 31328 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 31328, GA
How long does it take to sell a home in 31328, GA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31328 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 31328; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.