$1,602 Closing Credit*
$134,900
1,284 SqFt
3 Beds
•2 Full Baths
Heather Fluker, Listing Office: eXp Realty, LLC
Is 31503, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 31503 was a Buyer's Market.
Key Takeaway
31503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31503, GA
How much do homes in 31503, GA cost?
Median Sold Price
$230,000
$125/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$33,500(+17.0%)
Key Takeaway
Homes in 31503 have sold for 17% more than they did a month ago.
Summary: The median home sold price in 31503 was $230,000 in December 2024, up 17% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $25K | - | N/A |
| 3 Bedrooms | $196.5K | $235K | +19.6% |
| 4 Bedrooms | - | $136K | N/A |
| 5+ Bedrooms | $499.9K | $405K | -19.0% |
Summary: 31503 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Zip Codes
| 31501 | $86K | $136.2K | +58.4% |
| 31503 | $196.5K | $230K | +17.0% |
| 31550 | $627.3K | $614K | -2.1% |
| 31516 | $299.9K | $181.5K | -39.5% |
Housing Supply in 31503, GA
How many homes are available in 31503, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 | 65 | +1.6% |
Summary: The 31503 real estate market had 65 homes for sale in December 2024, a 1.6% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 31503 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 17 | +183.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31503, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 31503 in December 2024, up by 183.3% month-over-month. Of the 16 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for 31503, GA
How long does it take to sell a home in 31503, GA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 50 Days | 85 Days | +67.8% |
Summary: Homes in 31503 had an average of 85 days on market in Dec 2024, up by 67.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31503 has remained consistent over time.
Summary: During December 2024, 17 homes were sold in 31503; 6% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
