$350,000
0.75 Acres
Land
Joshua Landmon, Listing Office: Elevation Property Group
Is 31513, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 31513 has remained a Seller's Market.
Key Takeaway
31513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31513, GA
How much do homes in 31513, GA cost?
Median Sold Price
$210,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$33,500(+19.0%)
Key Takeaway
Homes in 31513 have sold for 19% more than they did a year ago.
Summary: The median home sold price in 31513 was $210,000 in December 2024, up 19% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | - | N/A |
| 2 Bedrooms | $141.3K | $114K | -19.4% |
| 3 Bedrooms | $179.7K | $206.1K | +14.7% |
| 4 Bedrooms | $172.2K | $230K | +33.5% |
| 5+ Bedrooms | $316.5K | $450K | +42.2% |
Summary: 31513 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes increased by 42.2%.
Housing Supply in 31513, GA
How many homes are available in 31513, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The 31513 real estate market had 38 homes for sale in December 2024, a 11.8% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 31513 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 increased by 8.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31513, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 31513 in December 2024, up by 75.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 31513, GA
How long does it take to sell a home in 31513, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 46 Days | 51 Days | +11.5% |
Summary: Homes in 31513 had an average of 51 days on market in Dec 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31513 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in 31513; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
