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 December 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

$325,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,958(+6.5%)

Key Takeaway

Homes in 31419 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 31419 was $325,000 in December 2024, up 6.5% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $145K$151K
+4.1%
2 $220K$230K
+4.5%
3 $286.4K$307K
+7.2%
4 $349.6K$370.3K
+5.9%
5+ $423.1K$485K
+14.6%

Summary: 31419 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

31324
+9.7%
31419
+6.5%
31405
0.2%
31322
-3.7%

Housing Supply in 31419, GA

How many homes are available in 31419, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
299288-3.7%

Summary: The 31419 real estate market had 288 homes for sale in December 2024, a 3.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 75
-28.6%
2 2327
+17.4%
3 135126
-6.7%
4 108106
-1.9%
5+ 2624
-7.7%

Summary: The 31419 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5960+1.7%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

20 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. 46.7% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in 31419 in December 2024, up by 1.7% month-over-month. Of the 60 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% 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

Dec 2023Dec 2024CHANGE
32 Days171 Days+428.6%

Summary: Homes in 31419 had an average of 171 days on market in Dec 2024, up by 428.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 60 homes were sold in 31419; 2% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 2% 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 4 Days Ago

Newest Listings in 31419, GA

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