Is 31326, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 31326 has remained a Seller's Market.
Key Takeaway
31326 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31326, GA
How much do homes in 31326, GA cost?
Median Sold Price
$339,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 31326 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 31326 was $339,000 in April 2024, up 9.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.9K | $212.5K | +25.1% |
| 3 Bedrooms | $270K | $285K | +5.6% |
| 4 Bedrooms | $355K | $373.4K | +5.2% |
| 5+ Bedrooms | $401.4K | $426K | +6.1% |
Summary: 31326 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 increased by 25.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 31326, GA
How many homes are available in 31326, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 130 | 133 | +2.3% |
Summary: The 31326 real estate market had 133 homes for sale in April 2024, a 2.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 49 | 52 | +6.1% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The 31326 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 decreased by 28.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 44 | +57.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31326, expect to pay close to the asking price. 52.4% of homes here sold near the asking price last month.
Summary: A total of 44 homes were sold or pending in 31326 in April 2024, up by 57.1% month-over-month. Of the 42 sold homes, 31% were sold under asking, 52% were sold at asking, and 17% were sold over asking.
Days on Market for 31326, GA
How long does it take to sell a home in 31326, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 14 Days | -75.2% |
Summary: Homes in 31326 had an average of 14 days on market in Apr 2024, down by 75.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31326 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 44 homes were sold in 31326; 18% of homes were sold within 30 days, 2% 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.