Is 31522, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31522 is a seller's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 31522 was a Buyer's Market.

Key Takeaway

31522 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 31522, GA cost?

Median Sold Price

$633,823

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$69,823(+12.4%)

Key Takeaway

Homes in 31522 have sold for 12.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$275K
N/A
2 $369K$511K
+38.5%
3 $524.7K$619.2K
+18.0%
4 $605K$765K
+26.4%
5+ $1.7M$1.8M
+4.4%

Median Sold Price Compared To Nearby Zip Codes

31525
+18.5%
31522
+12.4%

How many homes are available in 31522, GA?

Number of Homes For Sale

Jan 2023Feb 2023%
4041+2.5%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 23
+50.0%
3 1615
-6.3%
4 1617
+6.3%
5+ 55
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
48+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31522, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
47 Days86 Days+81.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 31522 are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 31522, GA

Homes for sale in 31522, GA have reached 41. The number of homes for sale in 31522, GA increased by 2.5% between January 2023 and February 2023. In February 2023 median list price was $633,823 and the average listing age was 86 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 38.5%, 3 bedrooms properties prices increased by 18%, 4 bedrooms properties became 26.4% more expensive, 5 bedrooms properties prices increased by 4.4%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 50%, the quantity of 3 bedrooms homes went down by 6.3%, volume of 4 bedrooms homes went up by 6.3%, number of 5 bedrooms homes remained the same. In February 2023, from all listings sold in 31522, GA there were more than 0 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price.