Is 31794, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31794 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31794 has remained a Seller's Market.

Key Takeaway

31794 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31794, GA

How much do homes in 31794, GA cost?

Median Sold Price

$243,900

$66/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$119,400(+95.9%)

Key Takeaway

Homes in 31794 have sold for 95.9% more than they did a month ago.

Summary: The median home sold price in 31794 was $243,900 in December 2024, up 95.9% from last month, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$292.5K
N/A
4 $49K$243.9K
+397.8%
5+ $200K-
N/A

Summary: 31794 housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 397.8%, and 5+ bedroom homes did not change.

Housing Supply in 31794, GA

How many homes are available in 31794, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1917-10.5%

Summary: The 31794 real estate market had 17 homes for sale in December 2024, a 10.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 86
-25.0%
5+ 11
0.0%

Summary: The 31794 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 decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31794, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 31794 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 31794, GA

How long does it take to sell a home in 31794, GA?

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days44 Days+1.1%

Summary: Homes in 31794 had an average of 44 days on market in Dec 2024, up by 1.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 31794 has remained consistent over time.

Summary: During December 2024, 3 homes were sold in 31794; 33% of homes were sold within 30 days, 67% 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 6 Days Ago

Newest Listings in 31794, GA

Nearby Markets to 31794, GA