Is 31329, 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, 31329 has remained a Seller's Market.
Key Takeaway
31329 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31329, GA
How much do homes in 31329, GA cost?
Median Sold Price
$260,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 31329 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 31329 was $260,000 in March 2024, down 1.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $190K | +17.3% |
| 2 Bedrooms | $191.2K | $160K | -16.3% |
| 3 Bedrooms | $235K | $249.8K | +6.3% |
| 4 Bedrooms | $295K | $302K | +2.4% |
| 5+ Bedrooms | $475K | $357.5K | -24.7% |
Summary: 31329 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 24.7%.
Housing Supply in 31329, GA
How many homes are available in 31329, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The 31329 real estate market had 27 homes for sale in March 2024, a 6.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 31329 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31329, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 31329 in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 31329, GA
How long does it take to sell a home in 31329, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 39 Days | -32.8% |
Summary: Homes in 31329 had an average of 39 days on market in Mar 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 31329 has remained consistent over time.
Summary: During March 2024, 9 homes were sold in 31329; 11% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
