Is 31419, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31419 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 31419 has remained a Seller's Market.

Key Takeaway

31419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31419, GA

How much do homes in 31419, GA cost?

Median Sold Price

$323,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,957(+7.7%)

Key Takeaway

Homes in 31419 have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in 31419 was $323,000 in November 2024, up 7.7% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$150K
+3.4%
2 $219K$228.5K
+4.3%
3 $285K$300K
+5.2%
4 $343.5K$371.7K
+8.2%
5+ $420K$480.1K
+14.3%

Summary: 31419 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

31324
+7.9%
31419
+7.7%
31405
+1.6%
31322
-3.6%

Housing Supply in 31419, GA

How many homes are available in 31419, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
264299+13.3%

Summary: The 31419 real estate market had 299 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 1924
+26.3%
3 125133
+6.4%
4 94110
+17.0%
5+ 1925
+31.6%

Summary: The 31419 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 31.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4756+19.1%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31419, you may be able to get a good deal. 51.8% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in 31419 in November 2024, up by 19.1% month-over-month. Of the 56 sold homes, 52% were sold under asking, 27% were sold at asking, and 21% were sold over asking.

Days on Market for 31419, GA

How long does it take to sell a home in 31419, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days42 Days+13.9%

Summary: Homes in 31419 had an average of 42 days on market in Nov 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 31419 has remained consistent over time.

Summary: During November 2024, 56 homes were sold in 31419; 7% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in 31419, GA

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