Is 31643, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31643 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31643 has remained a Seller's Market.

Key Takeaway

31643 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31643, GA

How much do homes in 31643, GA cost?

Median Sold Price

$668,000

$267/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$468,000(+234.0%)

Key Takeaway

Homes in 31643 have sold for 234% more than they did a month ago.

Summary: The median home sold price in 31643 was $668,000 in April 2024, up 234% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$668K
+234.0%
4 --
N/A
5+ --
N/A

Summary: 31643 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 234%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 31643, GA

How many homes are available in 31643, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The 31643 real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 31643 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31643, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 31643 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 31643, GA

How long does it take to sell a home in 31643, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
141 Days182 Days+29.1%

Summary: Homes in 31643 had an average of 182 days on market in Apr 2024, up by 29.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 31643 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 31643; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in 31643, GA