Is 31017, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31017 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31017 has remained a Seller's Market.

Key Takeaway

31017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31017, GA

How much do homes in 31017, GA cost?

Median Sold Price

$331,200

$125/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$229,200(+224.7%)

Key Takeaway

Homes in 31017 have sold for 224.7% more than they did a month ago.

Summary: The median home sold price in 31017 was $331,200 in April 2024, up 224.7% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $87K-
N/A
4 $117K$331.2K
+183.1%
5+ --
N/A

Summary: 31017 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 did not change, 4 bedroom homes increased by 183.1%, and 5+ bedroom homes did not change.

Housing Supply in 31017, GA

How many homes are available in 31017, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The 31017 real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 31017 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31017, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 31017 in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 31017, GA

How long does it take to sell a home in 31017, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
109 Days3 Days-96.8%

Summary: Homes in 31017 had an average of 3 days on market in Apr 2024, down by 96.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31017 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 31017; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in 31017, GA

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