Is 31804, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31804 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31804 has remained a Seller's Market.

Key Takeaway

31804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31804, GA

How much do homes in 31804, GA cost?

Median Sold Price

$515,660

$154/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$36,510(+7.6%)

Key Takeaway

Homes in 31804 have sold for 7.6% more than they did a month ago.

Summary: The median home sold price in 31804 was $515,660 in April 2024, up 7.6% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $485K$491.4K
+1.3%
5+ $464.5K$539.9K
+16.2%

Summary: 31804 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 did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Zip Codes

31804
+7.6%
31820
-9.3%
31811
-9.5%

Housing Supply in 31804, GA

How many homes are available in 31804, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
156-60.0%

Summary: The 31804 real estate market had 6 homes for sale in April 2024, a 60.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 71
-85.7%
5+ 74
-42.9%

Summary: The 31804 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 remained the same, 4 bedroom homes decreased by 85.7%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31804, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 31804 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 31804, GA

How long does it take to sell a home in 31804, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
108 Days72 Days-33.5%

Summary: Homes in 31804 had an average of 72 days on market in Apr 2024, down by 33.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 31804 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 31804; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in 31804, GA

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