$74,000
8.07 Acres
Land
Sharon Black, Listing Office: Sharon Black Realty
Is 31331, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 31331 was a Seller's Market.
Key Takeaway
31331 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31331, GA
How much do homes in 31331, GA cost?
Median Sold Price
$300,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$19,450(-6.1%)
Key Takeaway
Homes in 31331 have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in 31331 was $300,000 in December 2024, down 6.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $230K | $265K | +15.2% |
| 3 Bedrooms | $319K | $265K | -16.9% |
| 4 Bedrooms | $338.5K | $392K | +15.8% |
| 5+ Bedrooms | $725K | - | N/A |
Summary: 31331 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes did not change.
Housing Supply in 31331, GA
How many homes are available in 31331, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 77 | 78 | +1.3% |
Summary: The 31331 real estate market had 78 homes for sale in December 2024, a 1.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 49 | 53 | +8.2% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 31331 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31331, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 31331 in December 2024, up by 140.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 31331, GA
How long does it take to sell a home in 31331, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 92 Days | 69 Days | -25.1% |
Summary: Homes in 31331 had an average of 69 days on market in Dec 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31331 has remained consistent over time.
Summary: During December 2024, 12 homes were sold in 31331; 8% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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