$199,000
1.01 Acres
Land
Khurram Saleem, Listing Office: East Coast Real Estate, LLC.
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
$207,500
$147/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$77,500(-27.2%)
Key Takeaway
Homes in 31602 have sold for 27.2% less than they did a month ago.
Summary: The median home sold price in 31602 was $207,500 in October 2024, down 27.2% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $106K | N/A |
| 3 Bedrooms | $285K | $224K | -21.4% |
| 4 Bedrooms | - | $205K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 31602 housing prices by bedroom type for October 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 21.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The 31602 real estate market had 21 homes for sale in October 2024, a 8.7% 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 | 18 | 14 | -22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 31602 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 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31602, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 31602 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 12 Days | -35.6% |
Summary: Homes in 31602 had an average of 12 days on market in Oct 2024, down by 35.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31602 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 31602; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.