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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31833 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 31833 was a Seller's Market.

Key Takeaway

31833 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 31833, GA

How much do homes in 31833, GA cost?

Median Sold Price

$239,500

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,550(+20.4%)

Key Takeaway

Homes in 31833 have sold for 20.4% more than they did a year ago.

Summary: The median home sold price in 31833 was $239,500 in November 2024, up 20.4% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112.5K-
N/A
2 $82.5K$167K
+102.4%
3 $185.2K$223K
+20.4%
4 $277.4K$290K
+4.5%
5+ $335K$330K
-1.5%

Summary: 31833 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 102.4%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

31833
+20.4%
31811
+18.3%
36854
+14.1%
30240
+7.3%
31822
-3.3%

Housing Supply in 31833, GA

How many homes are available in 31833, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3226-18.8%

Summary: The 31833 real estate market had 26 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 52
-60.0%
3 1111
0.0%
4 1210
-16.7%
5+ 32
-33.3%

Summary: The 31833 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 decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31833, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 31833 in November 2024, down by 70.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
21 Days18 Days-14.1%

Summary: Homes in 31833 had an average of 18 days on market in Nov 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 3 homes were sold in 31833; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 31833, GA

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