$308,000
8.97 Acres
Land
Tom Ramon, Listing Office: A House in the South
Is 31808, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 31808 was a Seller's Market.
Key Takeaway
31808 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31808, GA
How much do homes in 31808, GA cost?
Median Sold Price
$398,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$45,500(-10.2%)
Key Takeaway
Homes in 31808 have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in 31808 was $398,500 in October 2024, down 10.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $269.9K | - | N/A |
| 3 Bedrooms | $293.5K | $291.9K | -0.5% |
| 4 Bedrooms | $457.4K | $395.9K | -13.4% |
| 5+ Bedrooms | $547.5K | $529.9K | -3.2% |
Summary: 31808 housing prices by bedroom type for October 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 decreased by 0.5%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Zip Codes
| 31811 | $336.4K | $382K | +13.5% |
| 31909 | $205.5K | $228K | +10.9% |
| 31808 | $444K | $398.5K | -10.2% |
Housing Supply in 31808, GA
How many homes are available in 31808, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The 31808 real estate market had 15 homes for sale in October 2024, a 36.4% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 31808 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 increased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31808, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 31808 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 31808, GA
How long does it take to sell a home in 31808, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 18 Days | +418.0% |
Summary: Homes in 31808 had an average of 18 days on market in Oct 2024, up by 418% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31808 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 31808; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
