ZIP 31404 Housing Market Report

Georgia

Report period: May 2026

31404 Monthly Market Update – May 2026

ZIP 31404 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$299,900
−3.3%
Median DOM (Sales)
66
+6.5%
New Listings (Sales)
19
−65.5%
Median Rent
$1,725
−1.4%
Median DOM (Rental)
16
0.0%
Total Rental Listings
228
−3.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (33 DOM)
  • Fastest renting: Single Family (10 DOM)
  • Strongest bedroom: 6 Beds ($944,900 median)

Sales Market Overview

Median Price
$299,900
−3.3%
Median DOM
66
+6.5%
New Listings
19
−65.5%
Inventory
271
+1.5%
  • Average Price: $366,665
  • Median Price: $299,900
  • Price Range: $55,000 – $1,800,000
  • Price per Sq Ft (Avg/Median): $239 / $234
  • Square Footage (Avg/Median): 1,556 / 1,414
  • Square Footage Range: 672 – 4,863
  • Days on Market (Avg/Median): 79 / 66
  • Days on Market Range: 2 – 365
  • New Listings: 19
  • Total Listings: 271

Sales by Property Type

Condo
Avg/Median Price$523,656 / $500,000Range$225,000 – $825,000Price per Sq Ft$336 / $323Sq Ft1,503 / 1,548DOM70 / 33New0Total9
Land
Avg/Median Price$244,138 / $135,000Range$55,000 – $1,100,000Price per Sq FtSq FtDOM102 / 117New1Total13
Multi-Family
Avg/Median Price$439,721 / $419,000Range$225,000 – $944,900Price per Sq Ft$205 / $211Sq Ft2,166 / 2,112DOM102 / 77New1Total19
Single Family
Avg/Median Price$359,269 / $299,000Range$85,000 – $1,800,000Price per Sq Ft$239 / $236Sq Ft1,491 / 1,331DOM76 / 61New17Total223
Townhouse
Avg/Median Price$429,686 / $325,000Range$205,900 – $649,900Price per Sq Ft$208 / $225Sq Ft2,054 / 2,268DOM69 / 52New0Total7

Sales by Bedroom Count

1 Beds
Avg:$163,267Median:$134,900Range:$129,900 – $225,000PSF:$226 / $201Sq Ft:712 / 672DOM:40 / 33New:0Total:3
2 Beds
Avg:$280,688Median:$250,000Range:$85,000 – $725,000PSF:$259 / $252Sq Ft:1,100 / 1,032DOM:72 / 53New:5Total:53
3 Beds
Avg:$333,072Median:$299,900Range:$110,000 – $825,000PSF:$230 / $230Sq Ft:1,475 / 1,373DOM:77 / 69New:9Total:143
4 Beds
Avg:$514,836Median:$445,000Range:$125,000 – $1,800,000PSF:$237 / $229Sq Ft:2,078 / 1,878DOM:87 / 73New:4Total:48
5 Beds
Avg:$668,557Median:$435,000Range:$190,000 – $1,750,000PSF:$270 / $190Sq Ft:2,262 / 2,026DOM:83 / 55New:0Total:7
6 Beds
Avg:$1,372,450Median:$944,900Range:$944,900 – $1,800,000PSF:$320 / $270Sq Ft:4,178 / 3,494DOM:63 / 56New:0Total:2
7 Beds
Avg:$529,950Median:$434,900Range:$434,900 – $625,000PSF:$171 / $157Sq Ft:3,083 / 2,765DOM:113 / 41New:0Total:2

Rental Market Overview

Median Rent
$1,725
−1.4%
Median DOM
16
0.0%
New Listings
58
Inventory
228
−3.8%
  • Average Rent: $1,852
  • Median Rent: $1,725
  • Rent Range: $878 – $5,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,178 / 1,112
  • Square Footage Range: 432 – 3,735
  • Days on Market (Avg/Median): 46 / 16
  • Days on Market Range: 1 – 308
  • New Listings: 58
  • Total Listings: 228

Rentals by Property Type

Apartment
$1,295
Median DOM: 39
Inventory: 40
MoM: −1.4%
Condo
$1,300
Median DOM: 18
Inventory: 24
MoM: −1.4%
Single Family
$1,850
Median DOM: 10
Inventory: 159
MoM: −1.4%
Townhouse
$1,495
Median DOM: 20
Inventory: 4
MoM: −1.4%
Apartment
Avg/Median Rent$1,395 / $1,295Range$950 – $2,100Rent per Sq Ft$2 / $2Sq Ft868 / 846DOM67 / 39New6Total40
Condo
Avg/Median Rent$1,495 / $1,300Range$1,100 – $4,700Rent per Sq Ft$2 / $2Sq Ft1,329 / 859DOM59 / 18New7Total24
Multi-Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$3 / $3Sq Ft435 / 435DOM69 / 69New0Total1
Single Family
Avg/Median Rent$2,020 / $1,850Range$878 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,233 / 1,183DOM40 / 10New45Total159
Townhouse
Avg/Median Rent$1,974 / $1,495Range$1,200 – $3,000Rent per Sq Ft$2 / $2Sq Ft935 / 768DOM22 / 20New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,217Median:$1,100Range:$1,000 – $1,550PSF:$2 / $1Sq Ft:908 / 713DOM:161 / 112New:0Total:3
1 Beds
Avg:$1,252Median:$1,200Range:$878 – $2,000PSF:$2 / $2Sq Ft:616 / 600DOM:92 / 39New:4Total:31
2 Beds
Avg:$1,604Median:$1,600Range:$995 – $3,000PSF:$2 / $2Sq Ft:1,075 / 909DOM:41 / 8New:27Total:96
3 Beds
Avg:$2,201Median:$2,000Range:$1,500 – $4,700PSF:$2 / $2Sq Ft:1,339 / 1,215DOM:34 / 11New:23Total:81
4 Beds
Avg:$2,639Median:$2,300Range:$1,850 – $5,500PSF:$2 / $2Sq Ft:1,690 / 1,488DOM:40 / 36New:3Total:15
5 Beds
Avg:$3,948Median:$2,895Range:$2,895 – $5,000PSF:$2 / $1Sq Ft:2,197 / 1,994DOM:38 / 1New:1Total:2

6-Month Sales Trend

Dec 2025
Median Price:$300,000Median DOM:47New:45Total:275
Jan 2026
Median Price:$299,900Median DOM:52New:46Total:279
Feb 2026
Median Price:$314,000Median DOM:62New:58Total:265
Mar 2026
Median Price:$310,000Median DOM:57New:45Total:258
Apr 2026
Median Price:$310,000Median DOM:62New:55Total:267
May 2026
Median Price:$299,900Median DOM:66New:19Total:271

6-Month Rental Trend

Dec 2025
Median Rent:$1,800Median DOM:28New:64Total:188
Jan 2026
Median Rent:$1,799Median DOM:25New:86Total:198
Feb 2026
Median Rent:$1,755Median DOM:24New:70Total:193
Mar 2026
Median Rent:$1,750Median DOM:20New:97Total:214
Apr 2026
Median Rent:$1,750Median DOM:16New:94Total:237
May 2026
Median Rent:$1,725Median DOM:16New:58Total:228

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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