Is 31545, 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, 31545 has remained a Seller's Market.
Key Takeaway
31545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31545, GA
How much do homes in 31545, GA cost?
Median Sold Price
$207,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 31545 have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in 31545 was $207,000 in April 2024, down 7.6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | - | N/A |
| 2 Bedrooms | $159.5K | $175.7K | +10.2% |
| 3 Bedrooms | $218.4K | $202.5K | -7.3% |
| 4 Bedrooms | $251.9K | $256K | +1.6% |
| 5+ Bedrooms | $278.7K | $260K | -6.7% |
Summary: 31545 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 10.2%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Zip Codes
| 30427 | $200K | $219.9K | +10.0% |
| 31546 | $235K | $244.5K | +4.0% |
| 31545 | $224K | $207K | -7.6% |
Housing Supply in 31545, GA
How many homes are available in 31545, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 37 | +32.1% |
Summary: The 31545 real estate market had 37 homes for sale in April 2024, a 32.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 31545 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 31545, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 31545 in April 2024, up by 166.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 31545, GA
How long does it take to sell a home in 31545, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 28 Days | +6.3% |
Summary: Homes in 31545 had an average of 28 days on market in Apr 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31545 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in 31545; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
