$2,363 Closing Credit*
$199,000
1,120 SqFt
2 Beds
•1 Full Bath
Tanja Cady, Listing Office: Keller Williams River Cities
Is 31822, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 31822 has remained a Seller's Market.
Key Takeaway
31822 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31822, GA
How much do homes in 31822, GA cost?
Median Sold Price
$300,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,100(-5.7%)
Key Takeaway
Homes in 31822 have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in 31822 was $300,000 in October 2024, down 5.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76K | N/A |
| 2 Bedrooms | $186.1K | $206K | +10.7% |
| 3 Bedrooms | $285K | $299.3K | +5.0% |
| 4 Bedrooms | $389.9K | $441K | +13.1% |
| 5+ Bedrooms | $542.7K | $375K | -30.9% |
Summary: 31822 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 increased by 10.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 30.9%.
Housing Supply in 31822, GA
How many homes are available in 31822, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The 31822 real estate market had 27 homes for sale in October 2024, a 17.4% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 31822 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 increased by 100%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31822, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 31822 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for 31822, GA
How long does it take to sell a home in 31822, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 69 Days | +315.9% |
Summary: Homes in 31822 had an average of 69 days on market in Oct 2024, up by 315.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31822 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 31822; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
