Is 31036, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 31036 has remained a Buyer's Market.
Key Takeaway
31036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31036, GA
How much do homes in 31036, GA cost?
Median Sold Price
$515,000
$270/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 31036 have sold for 300.2% more than they did a month ago.
Summary: The median home sold price in 31036 was $515,000 in March 2024, up 300.2% from last month, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $79.9K | $515K | +544.6% |
| 4 Bedrooms | $350K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 31036 housing prices by bedroom type for March 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 544.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 31036 | $128.7K | $515K | +300.2% |
| 31014 | $225.5K | $54.9K | -75.6% |
Housing Supply in 31036, GA
How many homes are available in 31036, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 41 | +24.2% |
Summary: The 31036 real estate market had 41 homes for sale in March 2024, a 24.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 24 | +33.3% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 31036 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31036, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 31036 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 31036, GA
How long does it take to sell a home in 31036, GA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 33 Days | -66.5% |
Summary: Homes in 31036 had an average of 33 days on market in Mar 2024, down by 66.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31036 has remained consistent over time.
Summary: During March 2024, 3 homes were sold in 31036; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
