Is 31303, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31303 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 31303 has remained a Seller's Market.

Key Takeaway

31303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31303, GA

How much do homes in 31303, GA cost?

Median Sold Price

$240,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,140(-0.9%)

Key Takeaway

Homes in 31303 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 31303 was $240,000 in April 2024, down 0.9% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$175K
N/A
3 $242.1K$240K
-0.9%
4 $242.5K$675K
+178.4%
5+ --
N/A

Summary: 31303 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 178.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

31329
0.2%
31303
-0.9%

Housing Supply in 31303, GA

How many homes are available in 31303, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The 31303 real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 31303 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31303, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 31303 in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 31303, GA

How long does it take to sell a home in 31303, GA?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31303 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 31303; 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.

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

Report Updated 5 Days Ago

Newest Listings in 31303, GA

Nearby Markets to 31303, GA