Is 31833, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31833 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 31833 has remained a Seller's Market.

Key Takeaway

31833 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31833, GA

How much do homes in 31833, GA cost?

Median Sold Price

$226,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,000(+16.5%)

Key Takeaway

Homes in 31833 have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in 31833 was $226,000 in October 2024, up 16.5% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K-
N/A
2 $82.5K$159.5K
+93.3%
3 $187.6K$224K
+19.4%
4 $277.4K$282K
+1.6%
5+ $335K$330K
-1.5%

Summary: 31833 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 93.3%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

36854
+18.0%
31833
+16.5%
31811
+13.5%
30240
+5.5%
31822
-5.7%

Housing Supply in 31833, GA

How many homes are available in 31833, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31310.0%

Summary: The 31833 real estate market had 31 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1211
-8.3%
4 910
+11.1%
5+ 43
-25.0%

Summary: The 31833 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 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31833, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 31833 in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.

Days on Market for 31833, GA

How long does it take to sell a home in 31833, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days58 Days+192.0%

Summary: Homes in 31833 had an average of 58 days on market in Oct 2024, up by 192% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31833 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 31833; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in 31833, GA

Nearby Markets to 31833, GA