Is 31204, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 31204 was a Seller's Market.
Key Takeaway
31204 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 31204, GA
How much do homes in 31204, GA cost?
Median Sold Price
$143,500
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 31204 have sold for 43.5% more than they did a year ago.
Summary: The median home sold price in 31204 was $143,500 in April 2024, up 43.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33K | $35K | +6.1% |
| 2 Bedrooms | $39.9K | $60.5K | +51.6% |
| 3 Bedrooms | $127.5K | $148.5K | +16.5% |
| 4 Bedrooms | $172.5K | $171.5K | -0.6% |
| 5+ Bedrooms | $137K | $229.9K | +67.8% |
Summary: 31204 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 67.8%.
Housing Supply in 31204, GA
How many homes are available in 31204, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 157 | 172 | +9.6% |
Summary: The 31204 real estate market had 172 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 32 | 35 | +9.4% |
| 3 Bedrooms | 89 | 103 | +15.7% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 31204 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31204, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 31204 in April 2024, up by 4.0% month-over-month. Of the 22 sold homes, 64% were sold under asking, 14% were sold at asking, and 23% were sold over asking.
Days on Market for 31204, GA
How long does it take to sell a home in 31204, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 30 Days | -12.8% |
Summary: Homes in 31204 had an average of 30 days on market in Apr 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31204 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in 31204; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.