Is 31546, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31546 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 31546 was a Seller's Market.

Key Takeaway

31546 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31546, GA

How much do homes in 31546, GA cost?

Median Sold Price

$215,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$74,500(-25.7%)

Key Takeaway

Homes in 31546 have sold for 25.7% less than they did a year ago.

Summary: The median home sold price in 31546 was $215,000 in November 2024, down 25.7% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $10K-
N/A
2 $141K$182.5K
+29.4%
3 $230K$184.9K
-19.6%
4 $298.5K$396K
+32.7%
5+ $452K$339.9K
-24.8%

Summary: 31546 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 29.4%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Zip Codes

31316
-1.3%
31545
-2.7%
31546
-25.7%

Housing Supply in 31546, GA

How many homes are available in 31546, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1217+41.7%

Summary: The 31546 real estate market had 17 homes for sale in November 2024, a 41.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 913
+44.4%
4 33
0.0%
5+ 00
0.0%

Summary: The 31546 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 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31546, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 31546 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 31546, GA

How long does it take to sell a home in 31546, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days90 Days+414.3%

Summary: Homes in 31546 had an average of 90 days on market in Nov 2024, up by 414.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 31546 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 31546; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 31546, GA

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