Is 31093, 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, 31093 was a Seller's Market.
Key Takeaway
31093 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 31093, GA
How much do homes in 31093, GA cost?
Median Sold Price
$172,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 31093 have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in 31093 was $172,000 in March 2024, up 18.4% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149.9K | N/A |
| 2 Bedrooms | $94.2K | $105K | +11.4% |
| 3 Bedrooms | $141.5K | $161.5K | +14.1% |
| 4 Bedrooms | $200K | $219K | +9.5% |
| 5+ Bedrooms | $195K | $240K | +23.1% |
Summary: 31093 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 23.1%.
Housing Supply in 31093, GA
How many homes are available in 31093, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 119 | 141 | +18.5% |
Summary: The 31093 real estate market had 141 homes for sale in March 2024, a 18.5% 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 | 14 | 22 | +57.1% |
| 3 Bedrooms | 58 | 65 | +12.1% |
| 4 Bedrooms | 40 | 46 | +15.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 31093 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 57.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 13 | -40.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31093, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 31093 in March 2024, down by 40.9% month-over-month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% were sold over asking.
Days on Market for 31093, GA
How long does it take to sell a home in 31093, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 22 Days | +3.3% |
Summary: Homes in 31093 had an average of 22 days on market in Mar 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31093 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 31093; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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.