Is 31015, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31015 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31015 has remained a Seller's Market.

Key Takeaway

31015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31015, GA

How much do homes in 31015, GA cost?

Median Sold Price

$289,500

$133/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$98,550(+51.6%)

Key Takeaway

Homes in 31015 have sold for 51.6% more than they did a month ago.

Summary: The median home sold price in 31015 was $289,500 in April 2024, up 51.6% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $164.9K$167.7K
+1.7%
4 $769K$415K
-46.0%
5+ $212K$1.0M
+418.4%

Summary: 31015 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 46%, and 5+ bedroom homes increased by 418.4%.

Housing Supply in 31015, GA

How many homes are available in 31015, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4243+2.4%

Summary: The 31015 real estate market had 43 homes for sale in April 2024, a 2.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 28
+300.0%
3 3126
-16.1%
4 77
0.0%
5+ 22
0.0%

Summary: The 31015 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 300%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31015, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 31015 in April 2024, up by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 31015, GA

How long does it take to sell a home in 31015, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
43 Days127 Days+190.5%

Summary: Homes in 31015 had an average of 127 days on market in Apr 2024, up by 190.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 31015 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 10 homes were sold in 31015; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 3 Days Ago

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