Is 31322, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 31322 has remained a Seller's Market.
Housing Prices in 31322, GA
How much do homes in 31322, GA cost?
Median Sold Price
$361,037
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 31322 was $361,037 in March 2024, up 12.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $222.4K | $249.9K | +12.3% |
3 Bedrooms | $290K | $320.7K | +10.6% |
4 Bedrooms | $362.5K | $403.9K | +11.4% |
5+ Bedrooms | $420K | $447.4K | +6.5% |
Summary: 31322 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 12.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in 31322, GA
How many homes are available in 31322, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
202 | 212 | +5.0% |
Summary: The 31322 real estate market had 212 homes for sale in March 2024, a 5.0% 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 | 8 | 11 | +37.5% |
3 Bedrooms | 108 | 101 | -6.5% |
4 Bedrooms | 66 | 73 | +10.6% |
5+ Bedrooms | 20 | 27 | +35.0% |
Summary: The 31322 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 37.5%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 35%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 48 | -14.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 31322 in March 2024, down by 14.3% month-over-month. Of the 46 sold homes, 28% were sold under asking, 46% were sold at asking, and 26% were sold over asking.
Days on Market for 31322, GA
How long does it take to sell a home in 31322, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 43 Days | +29.9% |
Summary: Homes in 31322 had an average of 43 days on market in Mar 2024, up by 29.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in 31322; 13% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.