$39,000
0.21 Acres
Land
Scott W. Fader, Listing Office: Joseph Walter Realty, LLC
Is 31405, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 31405 has remained a Seller's Market.
Key Takeaway
31405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31405, GA
How much do homes in 31405, GA cost?
Median Sold Price
$390,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$820(+0.2%)
Key Takeaway
The sold price of homes in 31405 has remained the same since last year.
Summary: The median home sold price in 31405 was $390,000 in December 2024, up 0.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $277K | -12.8% |
| 2 Bedrooms | $183.2K | $235K | +28.2% |
| 3 Bedrooms | $350K | $351K | 0.3% |
| 4 Bedrooms | $497.5K | $515K | +3.5% |
| 5+ Bedrooms | $675K | $718.5K | +6.4% |
Summary: 31405 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in 31405, GA
How many homes are available in 31405, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 192 | 189 | -1.6% |
Summary: The 31405 real estate market had 189 homes for sale in December 2024, a 1.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 95 | 96 | +1.1% |
| 4 Bedrooms | 65 | 65 | 0.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 31405 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Asking Price vs. Sold Price
25 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 31405, you may be able to get a good deal. 75.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 31405 in December 2024, up by 6.5% month-over-month. Of the 33 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.
Days on Market for 31405, GA
How long does it take to sell a home in 31405, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 97 Days | 105 Days | +8.2% |
Summary: Homes in 31405 had an average of 105 days on market in Dec 2024, up by 8.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31405 has remained consistent over time.
Summary: During December 2024, 33 homes were sold in 31405; 3% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
