Is 31513, 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, 31513 has remained a Seller's Market.
Housing Prices in 31513, GA
How much do homes in 31513, GA cost?
Median Sold Price
$185,700
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 31513 was $185,700 in April 2024, up 6.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $285K | N/A |
2 Bedrooms | $89.9K | $119.5K | +32.9% |
3 Bedrooms | $175K | $185.7K | +6.1% |
4 Bedrooms | $197K | $267.5K | +35.8% |
5+ Bedrooms | $397.5K | $450K | +13.2% |
Summary: 31513 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 32.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 31513, GA
How many homes are available in 31513, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 35 | +6.1% |
Summary: The 31513 real estate market had 35 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 31513 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 increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 31513 in April 2024, up by 250.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 31513, GA
How long does it take to sell a home in 31513, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 38 Days | +118.1% |
Summary: Homes in 31513 had an average of 38 days on market in Apr 2024, up by 118.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 31513; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.