Is 31032, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31032 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 31032 has remained a Seller's Market.

Key Takeaway

31032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 31032, GA cost?

Median Sold Price

$265,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$2,900(-1.1%)

Key Takeaway

Homes in 31032 have sold for 1.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $54K-
N/A
2 $86.2K$29.9K
-65.3%
3 $215.9K$234K
+8.4%
4 $274.9K$327.5K
+19.1%
5+ $322K$334.7K
+4.0%

Median Sold Price Compared To Nearby Zip Codes

31210
+24.1%
31211
+6.1%
31032
-1.1%

How many homes are available in 31032, GA?

Number of Homes For Sale

Jan 2023Feb 2023%
2427+12.5%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 11
0.0%
3 56
+20.0%
4 1010
0.0%
5+ 79
+28.6%

Number of Homes Sold

Jan 2023Feb 2023%
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31032, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
36 Days20 Days-44.8%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31032 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 31032, GA

Homes for sale in 31032, GA have reached 27. The inventory of homes for sale in 31032, GA between January 2023 and February 2023 increased by 12.5%. While the average time on the market in February 2023 was 20 days, the median list price was $265,000. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 65.3%, 3 bedrooms properties prices increased by 8.4%, prices of 4 bedrooms properties went up by 19.1%, 5 bedrooms properties prices increased by 4%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went up by 20%, 4 bedrooms homes did not move, 5 bedrooms homes became 28.6% more available. Over 0 listings were sold over their listed price in February 2023 in 31032, GA. In the same period over 2 listings were sold below the listed price and 4 listings were sold for the listed price.