31709 Housing Market Report February 2025Sumter County, Georgia

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Housing Prices in 31709, GA

How much do homes in 31709, GA cost?

Housing Market Conditions

Is 31709, GA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

31709 is a Buyer's Market

Difference Since January 2025

Last month, 31709 has remained a Buyer's Market.

Insight

31709 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$244,900$97/SqFt
+$87,900
+56.0%

Based on all homes sold in February 2025

Insight

Homes in 31709 have sold for 56% more than they did a month ago.

Summary: The median home sold price in 31709 was $244,900 in February 2025, up 56% from last month, and the median price per square foot was $97.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
31709
+56.0%
31719
-72.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2--
N/A
3$157K$244.9K
+56.0%
4--
N/A
5--
N/A

Summary: 31709 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +56.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 31709, GA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

31709, GA

Housing supply in 31709, GA

How many homes are available in 31709, GA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
26Last MonthFeb 2025
282 months agoJan 2025
-7.1 %
Change MoMJan – Feb

Summary: The 31709 real estate market had 26 homes for sale in Feb 2025, a 7.1 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthFeb 2025
32 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
211
0.0%
500
0.0%
100
0.0%
31613
-18.8%
41112
+9.1%

Summary: 31709 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -18.8%. The inventory for 4 bedroom homes increased by +9.1%.

Asking Price vs. Sold Price

How much do homes in 31709, GA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price0 Home

Insight

If you're buying a home in 31709, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 31709 in February 2025, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and and 33% were sold over asking.

Days on Market for 31709, GA

How long does it take to sell a home in 31709, GA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in 31709 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 3 homes were sold in 31709; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
101 DaysLast MonthFeb 2025
49 Days1 month agoJan 2025
+103.4 %
Change MoMJan – Feb

Summary: Homes in 31709 had an average listing age of 101 days in Feb 2025, up by 103.4% compared to the previous month.

Newest Listings in 31709, GA

What homes are available in 31709, GA?

Nearby markets

Nearby markets aren't available for 31709, GA

MLS Disclaimers and Copyright

Based on information from Georgia MLS, and Crisp Area Board of Realtors Inc MLS for the period 01/01/2025 - 03/01/2025

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Crisp Area Board of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Crisp Area Board of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.