$3,027 Closing Credit*
$254,900
1,668 SqFt
4 Beds
•2 Full Baths
Ordway Victoria, Listing Office: Canopy Realty Group
Is 31602, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 31602 has remained a Seller's Market.
Key Takeaway
31602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31602, GA
How much do homes in 31602, GA cost?
Median Sold Price
$205,000
$170/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$2,500(-1.2%)
Key Takeaway
Homes in 31602 have sold for 1.2% less than they did a month ago.
Summary: The median home sold price in 31602 was $205,000 in November 2024, down 1.2% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $106K | - | N/A |
| 3 Bedrooms | $224K | $205K | -8.5% |
| 4 Bedrooms | $205K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 31602 housing prices by bedroom type for November 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 decreased by 8.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 31602, GA
How many homes are available in 31602, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The 31602 real estate market had 17 homes for sale in November 2024, a 15.0% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 31602 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 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31602, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 31602 in November 2024, the same as the previous 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 31602, GA
How long does it take to sell a home in 31602, GA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 74 Days | +498.0% |
Summary: Homes in 31602 had an average of 74 days on market in Nov 2024, up by 498% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31602 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in 31602; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.