Is 31008, 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, 31008 was a Seller's Market.
Key Takeaway
31008 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31008, GA
How much do homes in 31008, GA cost?
Median Sold Price
$245,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 31008 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 31008 was $245,000 in April 2024, up 6.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $193K | +28.7% |
| 3 Bedrooms | $222K | $232K | +4.5% |
| 4 Bedrooms | $295.6K | $299.9K | +1.4% |
| 5+ Bedrooms | $300K | $309K | +3.0% |
Summary: 31008 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 3%.
Housing Supply in 31008, GA
How many homes are available in 31008, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 76 | +5.6% |
Summary: The 31008 real estate market had 76 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 18 | 24 | +33.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 31008 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31008, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 31008 in April 2024, down by 30.8% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 31008, GA
How long does it take to sell a home in 31008, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 14 Days | -0.3% |
Summary: Homes in 31008 had an average of 14 days on market in Apr 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31008 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 31008; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.