Is 31005, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
At the same time last year, 31005 was a Seller's Market.
Key Takeaway
31005 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in 31005, GA cost?
Median Sold Price
$254,465
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$27,840(+12.3%)
Key Takeaway
Homes in 31005 have sold for 12.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $182.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $173K | $200K | +15.6% |
| 4 Bedrooms | $255K | $310K | +21.6% |
| 5+ Bedrooms | $313.4K | $369.9K | +18.0% |
How many homes are available in 31005, GA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 72 | 116 | +61.1% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 37 | +117.6% |
| 4 Bedrooms | 39 | 51 | +30.8% |
| 5+ Bedrooms | 16 | 28 | +75.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 3 | 12 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31005, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 6 Days | 9 Days | +40.9% |
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31005 are selling fast, if you're buying plan to act quickly.
