Is 31803, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31803 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31803 has remained a Seller's Market.

Key Takeaway

31803 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31803, GA

How much do homes in 31803, GA cost?

Median Sold Price

$50,000

$25/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$185,750(-78.8%)

Key Takeaway

Homes in 31803 have sold for 78.8% less than they did a month ago.

Summary: The median home sold price in 31803 was $50,000 in April 2024, down 78.8% from last month, and the median price per square foot was $25.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $235.7K$50K
-78.8%
4 --
N/A
5+ --
N/A

Summary: 31803 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 decreased by 78.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 31803, GA

How many homes are available in 31803, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
64-33.3%

Summary: The 31803 real estate market had 4 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 64
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 31803 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
21-50.0%

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 31803, 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 31803 in April 2024, down by 50.0% month-over-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 31803, GA

How long does it take to sell a home in 31803, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
62 Days167 Days+169.4%

Summary: Homes in 31803 had an average of 167 days on market in Apr 2024, up by 169.4% 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 31803 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 31803; 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 18 Days Ago

Newest Listings in 31803, GA

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