31005 market report

If you are buying to rent in 31005

Two rents against the same closed price. Voucher yield uses the HUD 2-bedroom SAFMR. Market yield uses the Census median gross rent. Neither is a cap rate. Census is 2023. SAFMR is FY2027.

SAFMR by bedroom: studio $1,280 · 1BR $1,420 · 2BR $1,590 · 3BR $2,120 · 4BR $2,550. The yield uses 2BR against the all-bedroom median. That is a screen, not a matched comp.

Confidence is not one number. Closed sales: Moderate. Live inventory: current snapshot. Census renter share and rent: 2023 ACS, a lagging estimate. SAFMR: a voucher benchmark, not an approved rent.

Asking prices in 31005 right now

Active listings in this ZIP, summarized. Yield at ask uses the 2-bedroom SAFMR, or Census rent if there is no SAFMR. A higher yield means a lower price against the same rent. It is a screen, not a return.

Homes for sale in 31005, GA →

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If you own in 31005

Moderate confidence. 30 closings in the last 12 months.

• The county is context, not a price for your house. A county median blends starter homes and estates.
• Use your city, school district, or subdivision for the number. Use the county to see if the broader market is tightening or loosening.
• 4.3 months of supply countywide, 5.2 on the trailing-12 pace. The heading is loosening. That tells you about leverage, not your home’s value.
• Before you list or refinance against a number, pull the city and neighborhood pages and the live inventory. Homes for sale in 31005, GA →

What this means if you are listing in 31005

• Price to the closed median and $/SF here (n/a, $n/a), not the market-wide number.
• With 4.3 months of supply, expect about n/a days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
• Sale-to-list is n/a. Concessions show up more on listings that have already sat.
• Check live inventory for the actual competition before you set the number. Homes for sale in 31005, GA →

What this means if you are making an offer

• Well-priced homes still close close to list; your better leverage is on homes that have sat.
• Your better leverage is on homes that have been listed 30+ days or have already reduced.
• Confirm the number against the neighborhood or ZIP page, not just the city or market-wide median.
• Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.