$6,886 Closing Credit*
$579,900
2,290 SqFt
4 Beds
•2 Full Baths, 1 Partial
Teresa H. Cowart, Listing Office: Re/Max Accent
Is 31405, 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, 31405 was a Seller's Market.
Key Takeaway
31405 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 31405, GA
How much do homes in 31405, GA cost?
Median Sold Price
$400,376
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,243(+5.3%)
Key Takeaway
Homes in 31405 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 31405 was $400,376 in October 2024, up 5.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $277K | -12.8% |
| 2 Bedrooms | $218K | $239K | +9.6% |
| 3 Bedrooms | $351K | $360.5K | +2.7% |
| 4 Bedrooms | $476K | $520K | +9.2% |
| 5+ Bedrooms | $725.5K | $660K | -9.0% |
Summary: 31405 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 31405, GA
How many homes are available in 31405, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 193 | 203 | +5.2% |
Summary: The 31405 real estate market had 203 homes for sale in October 2024, a 5.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 85 | 98 | +15.3% |
| 4 Bedrooms | 64 | 67 | +4.7% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The 31405 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31405, you may be able to get a good deal. 38.7% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 31405 in October 2024, down by 6.1% month-over-month. Of the 31 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for 31405, GA
We’re sorry, we don't have information for this market at the moment
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