Is 31822, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31822 is a seller's market

Buyer's
Market

Difference Since December 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

$319,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,000(+6.3%)

Key Takeaway

Homes in 31822 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 31822 was $319,000 in December 2024, up 6.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $76K$84K
+10.5%
2 $189K$175K
-7.4%
3 $300K$298.9K
-0.3%
4 $415K$491.2K
+18.4%
5+ $648K$666.7K
+2.9%

Summary: 31822 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

31811
+17.0%
31833
+16.1%
31822
+6.3%
30241
-2.8%

Housing Supply in 31822, GA

How many homes are available in 31822, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3938-2.6%

Summary: The 31822 real estate market had 38 homes for sale in December 2024, a 2.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2221
-4.5%
4 910
+11.1%
5+ 44
0.0%

Summary: The 31822 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31822, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 31822 in December 2024, up by 133.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% 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

Dec 2023Dec 2024CHANGE
14 Days32 Days+130.3%

Summary: Homes in 31822 had an average of 32 days on market in Dec 2024, up by 130.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31822 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 31822; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 31822, GA

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