Is 31553, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31553 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 31553 was a Seller's Market.

Key Takeaway

31553 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31553, GA

How much do homes in 31553, GA cost?

Median Sold Price

$345,000

$230/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$168,850(+95.9%)

Key Takeaway

Homes in 31553 have sold for 95.9% more than they did a month ago.

Summary: The median home sold price in 31553 was $345,000 in December 2024, up 95.9% from last month, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $165K-
N/A
3 $187.3K$345K
+84.2%
4 --
N/A
5+ --
N/A

Summary: 31553 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 84.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

31553
+95.9%
31543
+63.8%
31542
+47.5%
31557
-63.4%
31566
-64.0%

Housing Supply in 31553, GA

How many homes are available in 31553, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
990.0%

Summary: The 31553 real estate market had 9 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 33
0.0%
3 33
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 31553 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31553, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 31553 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 31553, GA

How long does it take to sell a home in 31553, GA?

Average Sale Time

Nov 2024Dec 2024CHANGE
108 Days48 Days-55.8%

Summary: Homes in 31553 had an average of 48 days on market in Dec 2024, down by 55.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 31553 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 31553; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in 31553, GA

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