$4,630 Closing Credit*
$389,900
1,942 SqFt
3 Beds
•2 Full Baths
James R. Presnell, Listing Office: eXp Realty LLC
Is 31329, 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, 31329 has remained a Seller's Market.
Key Takeaway
31329 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31329, GA
How much do homes in 31329, GA cost?
Median Sold Price
$285,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+8.0%)
Key Takeaway
Homes in 31329 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 31329 was $285,000 in October 2024, up 8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $190K | +12.4% |
| 2 Bedrooms | $190K | $246K | +29.5% |
| 3 Bedrooms | $251.5K | $261.5K | +4.0% |
| 4 Bedrooms | $296K | $325K | +9.8% |
| 5+ Bedrooms | $330K | $375K | +13.6% |
Summary: 31329 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 29.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 13.6%.
Housing Supply in 31329, GA
How many homes are available in 31329, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The 31329 real estate market had 34 homes for sale in October 2024, a 2.9% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 31329 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31329, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 31329 in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 31329, GA
How long does it take to sell a home in 31329, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 136 Days | +109.2% |
Summary: Homes in 31329 had an average of 136 days on market in Oct 2024, up by 109.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31329 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in 31329; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
