$3,858 Closing Credit*
$324,900
2,204 SqFt
3 Beds
•2 Full Baths
Listing Office: eXp Realty LLC
Is 31808, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$391,990
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$70,510(-15.2%)
Key Takeaway
Homes in 31808 have sold for 15.2% less than they did a year ago.
Summary: The median home sold price in 31808 was $391,990 in November 2024, down 15.2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $269.9K | - | N/A |
| 3 Bedrooms | $310K | $291.9K | -5.8% |
| 4 Bedrooms | $457.4K | $400K | -12.6% |
| 5+ Bedrooms | $530K | $564.9K | +6.6% |
Summary: 31808 housing prices by bedroom type for November 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 5.8%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Zip Codes
| 31804 | $360K | $474K | +31.7% |
| 31811 | $338K | $400K | +18.3% |
| 31808 | $462.5K | $391.9K | -15.2% |
Housing Supply in 31808, GA
How many homes are available in 31808, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The 31808 real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 31808 housing inventory by bedroom type for November 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 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31808, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 31808 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 179 Days | +156.9% |
Summary: Homes in 31808 had an average of 179 days on market in Nov 2024, up by 156.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 31808 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in 31808; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.