Is 31028, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 31028 was a Seller's Market.
Key Takeaway
31028 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31028, GA
How much do homes in 31028, GA cost?
Median Sold Price
$482,000
$131/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 31028 have sold for 170.8% more than they did a month ago.
Summary: The median home sold price in 31028 was $482,000 in April 2024, up 170.8% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $167.5K | - | N/A |
| 4 Bedrooms | $222.9K | $482K | +116.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 31028 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 116.2%, and 5+ bedroom homes did not change.
Housing Supply in 31028, GA
How many homes are available in 31028, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The 31028 real estate market had 21 homes for sale in April 2024, a 5.0% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 31028 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 50%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31028, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 31028 in April 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 31028, GA
How long does it take to sell a home in 31028, GA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 5 Days | -77.5% |
Summary: Homes in 31028 had an average of 5 days on market in Apr 2024, down by 77.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31028 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in 31028; 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.
