$4,513 Closing Credit*
$380,000
1,500 SqFt
3 Beds
•2 Full Baths, 1 Partial
Monica Beadleston, Listing Office: Realty One Group Inclusion
Is 31415, 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, 31415 was a Seller's Market.
Key Takeaway
31415 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31415, GA
How much do homes in 31415, GA cost?
Median Sold Price
$166,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,000(-10.3%)
Key Takeaway
Homes in 31415 have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in 31415 was $166,000 in October 2024, down 10.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $133.9K | $158.5K | +18.4% |
| 3 Bedrooms | $186.7K | $175K | -6.3% |
| 4 Bedrooms | $249K | $164K | -34.1% |
| 5+ Bedrooms | $314K | $470K | +49.7% |
Summary: 31415 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 18.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes increased by 49.7%.
Housing Supply in 31415, GA
How many homes are available in 31415, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 70 | +14.8% |
Summary: The 31415 real estate market had 70 homes for sale in October 2024, a 14.8% increase 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 | 10 | 13 | +30.0% |
| 3 Bedrooms | 31 | 36 | +16.1% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 31415 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 increased by 30%, 3 bedroom homes increased by 16.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31415, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 31415 in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 31415, GA
How long does it take to sell a home in 31415, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 4 Days | -66.7% |
Summary: Homes in 31415 had an average of 4 days on market in Oct 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31415 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 31415; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.