$3,800 Closing Credit*
$320,000
1,476 SqFt
3 Beds
•2 Full Baths
Lori Lynn, Listing Office: Coldwell Banker Access Realty
Is 31525, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 31525 has remained a Seller's Market.
Key Takeaway
31525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31525, GA
How much do homes in 31525, GA cost?
Median Sold Price
$310,400
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$4,795(+1.6%)
Key Takeaway
Homes in 31525 have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in 31525 was $310,400 in August 2024, up 1.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $280K | +16.7% |
| 3 Bedrooms | $279.9K | $274K | -2.1% |
| 4 Bedrooms | $380.5K | $374.9K | -1.5% |
| 5+ Bedrooms | $520K | $384.9K | -26.0% |
Summary: 31525 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 26%.
Housing Supply in 31525, GA
How many homes are available in 31525, GA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The 31525 real estate market had 44 homes for sale in August 2024, a 4.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 29 | 24 | -17.2% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 31525 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31525, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 31525 in August 2024, down by 33.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for 31525, GA
How long does it take to sell a home in 31525, GA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 24 Days | 51 Days | +112.6% |
Summary: Homes in 31525 had an average of 51 days on market in Aug 2024, up by 112.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31525 are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in 31525; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
