Is 31411, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31411 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 31411 has remained a Seller's Market.

Key Takeaway

31411 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31411, GA

How much do homes in 31411, GA cost?

Median Sold Price

$832,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+1.5%)

Key Takeaway

Homes in 31411 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 31411 was $832,000 in October 2024, up 1.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $552K$585K
+6.0%
3 $755K$774.5K
+2.6%
4 $945K$1.0M
+14.1%
5+ $1.8M$1.4M
-22.9%

Summary: 31411 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 22.9%.

Median Sold Price Compared To Nearby Zip Codes

31328
+14.0%
31410
+11.7%
31406
+6.9%
31411
+1.5%

Housing Supply in 31411, GA

How many homes are available in 31411, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9699+3.1%

Summary: The 31411 real estate market had 99 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 5753
-7.0%
4 2732
+18.5%
5+ 912
+33.3%

Summary: The 31411 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 decreased by 33.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2624-7.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31411, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 31411 in October 2024, down by 7.7% month-over-month. Of the 24 sold homes, 83% were sold under asking, 13% were sold at asking, and 4% were sold over asking.

Days on Market for 31411, GA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 31411, GA

Nearby Markets to 31411, GA