$6,638 Closing Credit*
$559,000
2,346 SqFt
4 Beds
Kate Buchanan, Listing Office: BHHS Hodnett Cooper RE
Is 31525, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$310,795
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$795(+0.3%)
Key Takeaway
The sold price of homes in 31525 has remained the same since last year.
Summary: The median home sold price in 31525 was $310,795 in October 2024, up 0.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $240K | $290K | +20.8% |
| 3 Bedrooms | $279.9K | $285K | +1.8% |
| 4 Bedrooms | $385K | $361.7K | -6.0% |
| 5+ Bedrooms | $412.5K | $368.4K | -10.7% |
Summary: 31525 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 increased by 20.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in 31525, GA
How many homes are available in 31525, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 51 | +4.1% |
Summary: The 31525 real estate market had 51 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 31525 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 increased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31525, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 31525 in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 67 Days | +216.6% |
Summary: Homes in 31525 had an average of 67 days on market in Oct 2024, up by 216.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31525 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 31525; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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