Is 31906, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 31906 was a Neutral Market.
Key Takeaway
31906 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 31906, GA
How much do homes in 31906, GA cost?
Median Sold Price
$350,000
$121/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 31906 have sold for 233.3% more than they did a month ago.
Summary: The median home sold price in 31906 was $350,000 in March 2024, up 233.3% from last month, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | - | N/A |
| 3 Bedrooms | $97K | $229.9K | +137.0% |
| 4 Bedrooms | - | $350K | N/A |
| 5+ Bedrooms | $1.1M | $420K | -63.5% |
Summary: 31906 housing prices by bedroom type for March 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 137%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 63.5%.
Housing Supply in 31906, GA
How many homes are available in 31906, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The 31906 real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 31906 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 31906, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 31906 in March 2024, up by 33.3% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 31906, GA
How long does it take to sell a home in 31906, GA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 2 Days | -94.7% |
Summary: Homes in 31906 had an average of 2 days on market in Mar 2024, down by 94.7% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 31906 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 31906; 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.