Is 31906, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31906 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 31906 was a Seller's Market.

Key Takeaway

31906 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 31906, GA

How much do homes in 31906, GA cost?

Median Sold Price

$194,950

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$44,950(+30.0%)

Key Takeaway

Homes in 31906 have sold for 30% more than they did a year ago.

Summary: The median home sold price in 31906 was $194,950 in December 2024, up 30% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $15K$70K
+366.7%
2 $73K$90K
+23.3%
3 $125K$170K
+36.0%
4 $249.9K$316.8K
+26.8%
5+ $405K$445K
+9.9%

Summary: 31906 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 366.7%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Zip Codes

31906
+30.0%
31909
+10.1%
31907
+9.7%
31903
+5.1%
31901
+4.2%

Housing Supply in 31906, GA

How many homes are available in 31906, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
81810.0%

Summary: The 31906 real estate market had 81 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 45
+25.0%
3 4646
0.0%
4 1818
0.0%
5+ 109
-10.0%

Summary: The 31906 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

9 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 31906, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 31906 in December 2024, down by 20.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 31906, GA

How long does it take to sell a home in 31906, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days91 Days+253.4%

Summary: Homes in 31906 had an average of 91 days on market in Dec 2024, up by 253.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31906 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 31906; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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Newest Listings in 31906, GA

Nearby Markets to 31906, GA

MLS Disclaimers and Copyright

Based on information from Columbus Board of REALTORS MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 01/01/2023 - 01/01/2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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