Is 31024, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 31024 was a Seller's Market.
Key Takeaway
31024 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 31024, GA
How much do homes in 31024, GA cost?
Median Sold Price
$405,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 31024 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 31024 was $405,000 in March 2024, up 1.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.5K | $112K | +10.3% |
| 2 Bedrooms | $257.5K | $271.2K | +5.3% |
| 3 Bedrooms | $355K | $355K | 0.0% |
| 4 Bedrooms | $532K | $476K | -10.5% |
| 5+ Bedrooms | $1.3M | $1.6M | +22.5% |
Summary: 31024 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 22.5%.
Housing Supply in 31024, GA
How many homes are available in 31024, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 193 | 223 | +15.5% |
Summary: The 31024 real estate market had 223 homes for sale in March 2024, a 15.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 21 | 20 | -4.8% |
| 3 Bedrooms | 91 | 112 | +23.1% |
| 4 Bedrooms | 50 | 57 | +14.0% |
| 5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The 31024 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 34 | +3.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31024, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 31024 in March 2024, up by 3.0% month-over-month. Of the 31 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.
Days on Market for 31024, GA
How long does it take to sell a home in 31024, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 63 Days | +2.6% |
Summary: Homes in 31024 had an average of 63 days on market in Mar 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31024 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 34 homes were sold in 31024; 56% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 29% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.