Is 31639, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31639 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 31639 was a Seller's Market.

Key Takeaway

31639 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31639, GA

How much do homes in 31639, GA cost?

Median Sold Price

$200,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,987(+14.3%)

Key Takeaway

Homes in 31639 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 31639 was $200,000 in December 2024, up 14.3% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$262.5K
N/A
2 $65K$115K
+76.9%
3 $152K$179.9K
+18.4%
4 $249.9K$349K
+39.7%
5+ $210.8K$308.9K
+46.5%

Summary: 31639 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.9%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes increased by 46.5%.

Median Sold Price Compared To Nearby Zip Codes

31639
+14.3%
31635
+12.3%
31645
+8.3%

Housing Supply in 31639, GA

How many homes are available in 31639, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4039-2.5%

Summary: The 31639 real estate market had 39 homes for sale in December 2024, a 2.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 2523
-8.0%
4 1010
0.0%
5+ 11
0.0%

Summary: The 31639 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 increased by 33.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

4 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 31639, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 31639 in December 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 31639, GA

How long does it take to sell a home in 31639, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
98 Days105 Days+7.6%

Summary: Homes in 31639 had an average of 105 days on market in Dec 2024, up by 7.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 31639 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 5 homes were sold in 31639; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 4 Days Ago

Newest Listings in 31639, GA

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