Is 31904, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 31904 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 31904 has remained a Seller's Market.

Key Takeaway

31904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 31904, GA

How much do homes in 31904, GA cost?

Median Sold Price

$230,000

$142/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$100(0.0%)

Key Takeaway

The sold price of homes in 31904 has remained the same since last month.

Summary: The median home sold price in 31904 was $230,000 in February 2024, the same as last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$217.5K
+27.9%
4 $433.7K$474.5K
+9.4%
5+ $432.4K-
N/A

Summary: 31904 housing prices by bedroom type for February 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 27.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

31904
0.0%
31808
-2.0%

Housing Supply in 31904, GA

How many homes are available in 31904, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2824-14.3%

Summary: The 31904 real estate market had 24 homes for sale in February 2024, a 14.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 107
-30.0%
4 1212
0.0%
5+ 53
-40.0%

Summary: The 31904 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 31904, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 31904 in February 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 31904, GA

How long does it take to sell a home in 31904, GA?

Average Sale Time

Jan 2024Feb 2024CHANGE
39 Days96 Days+141.9%

Summary: Homes in 31904 had an average of 96 days on market in Feb 2024, up by 141.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 31904 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in 31904; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 27 Days Ago

Newest Listings in 31904, GA

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