Is 31411, 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, 31411 has remained a Seller's Market.
Housing Prices in 31411, GA
How much do homes in 31411, GA cost?
Median Sold Price
$840,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 31411 was $840,000 in March 2024, up 10% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $446.5K | $587.5K | +31.6% |
3 Bedrooms | $689K | $794.5K | +15.3% |
4 Bedrooms | $865K | $1.0M | +24.6% |
5+ Bedrooms | $1.5M | $1.7M | +17.1% |
Summary: 31411 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 31.6%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 17.1%.
Housing Supply in 31411, GA
How many homes are available in 31411, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 101 | +17.4% |
Summary: The 31411 real estate market had 101 homes for sale in March 2024, a 17.4% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 42 | 53 | +26.2% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 31411 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 20%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 25 | +127.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 31411 in March 2024, up by 127.3% month-over-month. Of the 25 sold homes, 80% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for 31411, GA
How long does it take to sell a home in 31411, 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
Summary: During March 2024, 25 homes were sold in 31411; 4% 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.