$10,000 Closing Credit*
$899,999
2,145 SqFt
4 Beds
•3 Full Baths
Angela A Strickland, Listing Office: Crossway Realty
Is 31565, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31565 has remained a Seller's Market.
Key Takeaway
31565 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31565, GA
How much do homes in 31565, GA cost?
Median Sold Price
$519,900
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,950(+20.9%)
Key Takeaway
Homes in 31565 have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in 31565 was $519,900 in October 2024, up 20.9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $410K | N/A |
| 3 Bedrooms | $388.5K | $514.9K | +32.5% |
| 4 Bedrooms | $488.2K | $526.2K | +7.8% |
| 5+ Bedrooms | $470K | $558.5K | +18.8% |
Summary: 31565 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 did not change, 3 bedroom homes increased by 32.5%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in 31565, GA
How many homes are available in 31565, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Summary: The 31565 real estate market had 19 homes for sale in October 2024, a 20.8% decrease 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 | 1 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 31565 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31565, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 31565 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 31565, GA
How long does it take to sell a home in 31565, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 148 Days | +172.0% |
Summary: Homes in 31565 had an average of 148 days on market in Oct 2024, up by 172% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31565 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in 31565; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
