$2,595,000
4,628 SqFt
4 Beds
•6 Full Baths, 1 Partial
Joe Wills, Listing Office: BHHS Hodnett Cooper RE
Is 31522, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 31522 was a Seller's Market.
Key Takeaway
31522 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31522, GA
How much do homes in 31522, GA cost?
Median Sold Price
$755,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$103,750(+15.9%)
Key Takeaway
Homes in 31522 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 31522 was $755,000 in November 2024, up 15.9% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $311.5K | $318.4K | +2.2% |
| 2 Bedrooms | $385K | $380K | -1.3% |
| 3 Bedrooms | $635K | $600K | -5.5% |
| 4 Bedrooms | $740K | $1.4M | +100.7% |
| 5+ Bedrooms | $905K | $1.3M | +45.3% |
Summary: 31522 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 100.7%, and 5+ bedroom homes increased by 45.3%.
Housing Supply in 31522, GA
How many homes are available in 31522, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 88 | -1.1% |
Summary: The 31522 real estate market had 88 homes for sale in November 2024, a 1.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 31522 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 4 | -76.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31522, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 31522 in November 2024, down by 76.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 31522, GA
How long does it take to sell a home in 31522, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 68 Days | +10.5% |
Summary: Homes in 31522 had an average of 68 days on market in Nov 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31522 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in 31522; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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