$133,000
6.58 Acres
Land
Kathy Shattuck, Listing Office: Duckworth Properties BWK
Is 31523, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 31523 has remained a Buyer's Market.
Key Takeaway
31523 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31523, GA
How much do homes in 31523, GA cost?
Median Sold Price
$375,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,665(-2.0%)
Key Takeaway
Homes in 31523 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 31523 was $375,000 in November 2024, down 2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $379.9K | $171K | -55.0% |
| 3 Bedrooms | $342K | $320K | -6.4% |
| 4 Bedrooms | $388.2K | $405K | +4.3% |
| 5+ Bedrooms | $507.8K | $549.9K | +8.3% |
Summary: 31523 housing prices by bedroom type for November 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 4.3%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Zip Codes
| 31523 | $382.6K | $375K | -2.0% |
| 31525 | $317.5K | $310.4K | -2.2% |
Housing Supply in 31523, GA
How many homes are available in 31523, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 48 | +20.0% |
Summary: The 31523 real estate market had 48 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 31523 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31523, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 31523 in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 189 Days | 73 Days | -61.1% |
Summary: Homes in 31523 had an average of 73 days on market in Nov 2024, down by 61.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31523 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 31523; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
