$713 Closing Credit*
$60,000
1,224 SqFt
3 Beds
•1 Full Bath, 1 Partial
Daniel J. Demers, Listing Office: Sell Your Home Services LLC
Is 31816, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 31816 has remained a Buyer's Market.
Key Takeaway
31816 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31816, GA
How much do homes in 31816, GA cost?
Median Sold Price
$170,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,300(+14.3%)
Key Takeaway
Homes in 31816 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 31816 was $170,000 in November 2024, up 14.3% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $115K | +4.5% |
| 3 Bedrooms | $149.9K | $175K | +16.7% |
| 4 Bedrooms | $175K | $192.5K | +10.0% |
| 5+ Bedrooms | $205K | $99.5K | -51.5% |
Summary: 31816 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 4.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 51.5%.
Housing Supply in 31816, GA
How many homes are available in 31816, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The 31816 real estate market had 20 homes for sale in November 2024, a 33.3% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 31816 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 44.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 31816, 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 31816 in November 2024, the same as the previous 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 31816, GA
How long does it take to sell a home in 31816, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 74 Days | +29.8% |
Summary: Homes in 31816 had an average of 74 days on market in Nov 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31816 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 31816; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
