$5,166 Closing Credit*
$435,000
2,481 SqFt
3 Beds
•2 Full Baths
Veronica Santure, Listing Office: Fathom Realty GA, LLC
Is 31523, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31523 has remained a Seller's Market.
Key Takeaway
31523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31523, GA
How much do homes in 31523, GA cost?
Median Sold Price
$375,277
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$957(-0.3%)
Key Takeaway
The sold price of homes in 31523 has remained the same since last year.
Summary: The median home sold price in 31523 was $375,277 in October 2024, down 0.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $379.9K | $171K | -55.0% |
| 3 Bedrooms | $342K | $320K | -6.4% |
| 4 Bedrooms | $387.5K | $403.9K | +4.2% |
| 5+ Bedrooms | $520.6K | $549.9K | +5.6% |
Summary: 31523 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in 31523, GA
How many homes are available in 31523, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The 31523 real estate market had 41 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 31523 housing inventory by bedroom type for October 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 11.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31523, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 31523 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 31523, GA
How long does it take to sell a home in 31523, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 116 Days | 91 Days | -21.5% |
Summary: Homes in 31523 had an average of 91 days on market in Oct 2024, down by 21.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31523 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 31523; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
