Is 31645, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31645 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 31645 has remained a Seller's Market.

Key Takeaway

31645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31645, GA

How much do homes in 31645, GA cost?

Median Sold Price

$223,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$17,000(+8.3%)

Key Takeaway

Homes in 31645 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 31645 was $223,000 in December 2024, up 8.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$159.9K
N/A
3 $202.3K$219.9K
+8.7%
4 $258.9K$263K
+1.6%
5+ $290K$344K
+18.6%

Summary: 31645 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 did not change, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Zip Codes

31639
+14.3%
31635
+12.3%
31645
+8.3%
31605
+4.1%
31632
+3.4%

Housing Supply in 31645, GA

How many homes are available in 31645, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
20200.0%

Summary: The 31645 real estate market had 20 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1717
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 31645 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
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31645, 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 31645 in December 2024, down by 33.3% 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 31645, GA

How long does it take to sell a home in 31645, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days46 Days+441.2%

Summary: Homes in 31645 had an average of 46 days on market in Dec 2024, up by 441.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were 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 31645 has remained consistent over time.

Summary: During December 2024, 4 homes were sold in 31645; 25% of homes were sold within 30 days, 75% 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 31645, GA

Nearby Markets to 31645, GA