Is 31204, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 31204 was a Seller's Market.
Housing Prices in 31204, GA
How much do homes in 31204, GA cost?
Median Sold Price
$143,500
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 31204 was $143,500 in April 2024, up 43.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $33K | $35K | +6.1% |
2 Bedrooms | $39.9K | $60.5K | +51.6% |
3 Bedrooms | $127.5K | $148.5K | +16.5% |
4 Bedrooms | $172.5K | $171.5K | -0.6% |
5+ Bedrooms | $137K | $229.9K | +67.8% |
Summary: 31204 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 67.8%.
Housing Supply in 31204, GA
How many homes are available in 31204, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 172 | +9.6% |
Summary: The 31204 real estate market had 172 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 32 | 35 | +9.4% |
3 Bedrooms | 89 | 103 | +15.7% |
4 Bedrooms | 26 | 24 | -7.7% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 31204 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 26 | +4.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 31204 in April 2024, up by 4.0% month-over-month. Of the 22 sold homes, 64% were sold under asking, 14% were sold at asking, and 23% were sold over asking.
Days on Market for 31204, GA
How long does it take to sell a home in 31204, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 30 Days | -12.8% |
Summary: Homes in 31204 had an average of 30 days on market in Apr 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 31204; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.