Is 31419, 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, 31419 has remained a Seller's Market.
Key Takeaway
31419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31419, GA
How much do homes in 31419, GA cost?
Median Sold Price
$310,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 31419 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 31419 was $310,000 in March 2024, up 10.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $149K | +6.5% |
| 2 Bedrooms | $185K | $230K | +24.3% |
| 3 Bedrooms | $263.7K | $290K | +10.0% |
| 4 Bedrooms | $330K | $360K | +9.1% |
| 5+ Bedrooms | $409.1K | $422K | +3.2% |
Summary: 31419 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 31419, GA
How many homes are available in 31419, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 178 | 187 | +5.1% |
Summary: The 31419 real estate market had 187 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 19 | 23 | +21.1% |
| 3 Bedrooms | 78 | 79 | +1.3% |
| 4 Bedrooms | 64 | 64 | 0.0% |
| 5+ Bedrooms | 10 | 16 | +60.0% |
Summary: The 31419 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 57 | 54 | -5.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31419, expect to pay close to the asking price. 40.7% of homes here sold near the asking price last month.
Summary: A total of 54 homes were sold or pending in 31419 in March 2024, down by 5.3% month-over-month. Of the 54 sold homes, 37% were sold under asking, 41% were sold at asking, and 22% were sold over asking.
Days on Market for 31419, GA
How long does it take to sell a home in 31419, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 9 Days | 12 Days | +25.0% |
Summary: Homes in 31419 had an average of 12 days on market in Mar 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31419 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 54 homes were sold in 31419; 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.
