Is 31558, 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, 31558 has remained a Seller's Market.
Housing Prices in 31558, GA
How much do homes in 31558, GA cost?
Median Sold Price
$308,700
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 31558 was $308,700 in March 2024, up 4.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $152K | N/A |
2 Bedrooms | $258K | $239.7K | -7.1% |
3 Bedrooms | $246K | $265K | +7.7% |
4 Bedrooms | $350.1K | $393K | +12.2% |
5+ Bedrooms | $349.9K | $388.9K | +11.2% |
Summary: 31558 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 31558, GA
How many homes are available in 31558, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
149 | 175 | +17.4% |
Summary: The 31558 real estate market had 175 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 85 | 105 | +23.5% |
4 Bedrooms | 50 | 50 | 0.0% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 31558 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 38 | +40.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 31558 in March 2024, up by 40.7% month-over-month. Of the 34 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% were sold over asking.
Days on Market for 31558, GA
How long does it take to sell a home in 31558, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 58 Days | +26.2% |
Summary: Homes in 31558 had an average of 58 days on market in Mar 2024, up by 26.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in 31558; 53% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.