$4,067 Closing Credit*
$342,500
1,667 SqFt
3 Beds
•2 Full Baths
George Skarpalezos, II, Listing Office: BHHS Hodnett Cooper Real Estate
Is 31525, 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, 31525 was a Seller's Market.
Key Takeaway
31525 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31525, GA
How much do homes in 31525, GA cost?
Median Sold Price
$310,400
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,100(-2.2%)
Key Takeaway
Homes in 31525 have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in 31525 was $310,400 in November 2024, down 2.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $240K | $286.2K | +19.3% |
| 3 Bedrooms | $279.9K | $283.5K | +1.3% |
| 4 Bedrooms | $385K | $357.4K | -7.2% |
| 5+ Bedrooms | $412.5K | $370.7K | -10.1% |
Summary: 31525 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 increased by 19.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 31525, GA
How many homes are available in 31525, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 58 | +11.5% |
Summary: The 31525 real estate market had 58 homes for sale in November 2024, a 11.5% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 17 | 25 | +47.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 31525 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 decreased by 50%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 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 31525, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 31525 in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 31525, GA
How long does it take to sell a home in 31525, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 65 Days | +194.3% |
Summary: Homes in 31525 had an average of 65 days on market in Nov 2024, up by 194.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 31525 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 31525; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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