Is 31829, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31829 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 31829 was a Neutral Market.

Key Takeaway

31829 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31829, GA

How much do homes in 31829, GA cost?

Median Sold Price

$460,000

$146/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$2,400(-0.5%)

Key Takeaway

Homes in 31829 have sold for 0.5% less than they did a month ago.

Summary: The median home sold price in 31829 was $460,000 in April 2024, down 0.5% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $462.4K$460K
-0.5%
5+ --
N/A

Summary: 31829 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 decreased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

31829
-0.5%
31820
-9.3%

Housing Supply in 31829, GA

How many homes are available in 31829, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
63-50.0%

Summary: The 31829 real estate market had 3 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 53
-40.0%
5+ 10
-100.0%

Summary: The 31829 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 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31829, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 31829 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 31829, GA

How long does it take to sell a home in 31829, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
209 Days2 Days-99.0%

Summary: Homes in 31829 had an average of 2 days on market in Apr 2024, down by 99% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31829 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 31829; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 31829, GA

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