$2,019 Closing Credit*
$170,000
900 SqFt
1 Bed
•1 Full Bath
Listing Office: Bickerstaff Parham, LLC
Is 31811, 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, 31811 was a Seller's Market.
Key Takeaway
31811 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31811, GA
How much do homes in 31811, GA cost?
Median Sold Price
$400,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$62,000(+18.3%)
Key Takeaway
Homes in 31811 have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in 31811 was $400,000 in November 2024, up 18.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $425K | +13.3% |
| 3 Bedrooms | $310.4K | $399K | +28.5% |
| 4 Bedrooms | $314.9K | $356.5K | +13.2% |
| 5+ Bedrooms | $388.7K | $455K | +17.0% |
Summary: 31811 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 increased by 13.3%, 3 bedroom homes increased by 28.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Zip Codes
| 31804 | $360K | $474K | +31.7% |
| 31811 | $338K | $400K | +18.3% |
| 31822 | $310K | $299.6K | -3.3% |
| 31808 | $462.5K | $391.9K | -15.2% |
Housing Supply in 31811, GA
How many homes are available in 31811, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Summary: The 31811 real estate market had 14 homes for sale in November 2024, a 75.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 8 | +166.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 31811 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 increased by 166.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31811, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 31811 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 31811, GA
How long does it take to sell a home in 31811, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 146 Days | +195.5% |
Summary: Homes in 31811 had an average of 146 days on market in Nov 2024, up by 195.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 31811 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in 31811; 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.