ZIP 31406 Housing Market Report
Georgia
Report period: May 2026
31406 Monthly Market Update – May 2026
ZIP 31406 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$349,900
+0.3%
Median DOM (Sales)
51
−8.9%
New Listings (Sales)
24
−35.1%
Median Rent
$1,595
+6.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
135
+0.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (40 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($950,000 median)
Sales Market Overview
Median Price
$349,900
+0.3%
Median DOM
51
−8.9%
New Listings
24
−35.1%
Inventory
202
+6.9%
- Average Price: $503,859
- Median Price: $349,900
- Price Range: $29,000 – $5,000,000
- Price per Sq Ft (Avg/Median): $255 / $222
- Square Footage (Avg/Median): 1,957 / 1,650
- Square Footage Range: 646 – 7,560
- Days on Market (Avg/Median): 70 / 51
- Days on Market Range: 2 – 205
- New Listings: 24
- Total Listings: 202
Sales by Property Type
Condo
Avg/Median Price$212,631 / $208,000Range$149,500 – $375,000Price per Sq Ft$198 / $204Sq Ft1,104 / 980DOM82 / 79New1Total13
Land
Avg/Median Price$452,207 / $225,000Range$29,000 – $2,750,000Price per Sq Ft—Sq Ft—DOM144 / 186New0Total14
Multi-Family
Avg/Median Price$565,000 / $565,000Range$565,000 – $565,000Price per Sq Ft$131 / $131Sq Ft4,310 / 4,310DOM186 / 186New0Total1
Single Family
Avg/Median Price$548,902 / $395,000Range$130,000 – $5,000,000Price per Sq Ft$266 / $230Sq Ft2,039 / 1,880DOM59 / 40New23Total158
Townhouse
Avg/Median Price$337,062 / $279,900Range$155,000 – $725,000Price per Sq Ft$191 / $184Sq Ft1,692 / 1,600DOM92 / 86New0Total16
Sales by Bedroom Count
2 Beds
Avg:$306,624Median:$208,000Range:$130,000 – $1,350,000PSF:$315 / $224Sq Ft:1,011 / 980DOM:77 / 67New:1Total:21
3 Beds
Avg:$408,059Median:$325,000Range:$149,900 – $1,800,000PSF:$238 / $219Sq Ft:1,733 / 1,537DOM:71 / 54New:9Total:97
4 Beds
Avg:$675,514Median:$525,000Range:$212,500 – $5,000,000PSF:$265 / $234Sq Ft:2,319 / 2,165DOM:45 / 26New:13Total:59
5 Beds
Avg:$1,039,250Median:$950,000Range:$750,000 – $1,295,000PSF:$255 / $216Sq Ft:4,190 / 3,900DOM:63 / 60New:1Total:8
6 Beds
Avg:$346,750Median:$244,500Range:$244,500 – $449,000PSF:$175 / $154Sq Ft:1,942 / 1,584DOM:143 / 98New:0Total:2
8 Beds
Avg:$565,000Median:$565,000Range:$565,000 – $565,000PSF:$131 / $131Sq Ft:4,310 / 4,310DOM:186 / 186New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $306,624 | $208,000 | $130,000 – $1,350,000 | $315 / $224 | 1,011 / 980 | 77 / 67 | 1 | 21 |
| 3 Beds | $408,059 | $325,000 | $149,900 – $1,800,000 | $238 / $219 | 1,733 / 1,537 | 71 / 54 | 9 | 97 |
| 4 Beds | $675,514 | $525,000 | $212,500 – $5,000,000 | $265 / $234 | 2,319 / 2,165 | 45 / 26 | 13 | 59 |
| 5 Beds | $1,039,250 | $950,000 | $750,000 – $1,295,000 | $255 / $216 | 4,190 / 3,900 | 63 / 60 | 1 | 8 |
| 6 Beds | $346,750 | $244,500 | $244,500 – $449,000 | $175 / $154 | 1,942 / 1,584 | 143 / 98 | 0 | 2 |
| 8 Beds | $565,000 | $565,000 | $565,000 – $565,000 | $131 / $131 | 4,310 / 4,310 | 186 / 186 | 0 | 1 |
Rental Market Overview
Median Rent
$1,595
+6.3%
Median DOM
1
0.0%
New Listings
51
Inventory
135
+0.7%
- Average Rent: $1,696
- Median Rent: $1,595
- Rent Range: $750 – $4,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,232 / 1,095
- Square Footage Range: 386 – 4,371
- Days on Market (Avg/Median): 34 / 1
- Days on Market Range: 1 – 299
- New Listings: 51
- Total Listings: 135
Rentals by Property Type
Apartment
$1,150
Median DOM: 1
Inventory: 56
MoM: +6.3%
Condo
$1,450
Median DOM: 27
Inventory: 7
MoM: +6.3%
Single Family
$1,950
Median DOM: 1
Inventory: 57
MoM: +6.3%
Townhouse
$1,625
Median DOM: 3
Inventory: 15
MoM: +6.3%
Apartment
Avg/Median Rent$1,251 / $1,150Range$975 – $2,150Rent per Sq Ft$2 / $2Sq Ft827 / 800DOM48 / 1New18Total56
Condo
Avg/Median Rent$1,471 / $1,450Range$1,050 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,055 / 1,008DOM78 / 27New2Total7
Single Family
Avg/Median Rent$2,138 / $1,950Range$750 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,609 / 1,341DOM19 / 1New21Total57
Townhouse
Avg/Median Rent$1,782 / $1,625Range$1,450 – $3,750Rent per Sq Ft$1 / $1Sq Ft1,417 / 1,240DOM23 / 3New10Total15
Rentals by Bedroom Count
1 Beds
Avg:$1,178Median:$1,110Range:$750 – $1,800PSF:$2 / $2Sq Ft:694 / 702DOM:41 / 1New:14Total:40
2 Beds
Avg:$1,555Median:$1,450Range:$975 – $4,000PSF:$1 / $1Sq Ft:1,078 / 1,056DOM:44 / 1New:18Total:45
3 Beds
Avg:$2,067Median:$1,875Range:$1,480 – $3,750PSF:$1 / $1Sq Ft:1,519 / 1,400DOM:16 / 1New:12Total:35
4 Beds
Avg:$2,572Median:$2,300Range:$1,800 – $4,000PSF:$1 / $1Sq Ft:2,209 / 2,202DOM:33 / 1New:6Total:13
5 Beds
Avg:$3,050Median:$2,700Range:$2,700 – $3,400PSF:$1 / $1Sq Ft:2,942 / 2,775DOM:16 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,178 | $1,110 | $750 – $1,800 | $2 / $2 | 694 / 702 | 41 / 1 | 14 | 40 |
| 2 Beds | $1,555 | $1,450 | $975 – $4,000 | $1 / $1 | 1,078 / 1,056 | 44 / 1 | 18 | 45 |
| 3 Beds | $2,067 | $1,875 | $1,480 – $3,750 | $1 / $1 | 1,519 / 1,400 | 16 / 1 | 12 | 35 |
| 4 Beds | $2,572 | $2,300 | $1,800 – $4,000 | $1 / $1 | 2,209 / 2,202 | 33 / 1 | 6 | 13 |
| 5 Beds | $3,050 | $2,700 | $2,700 – $3,400 | $1 / $1 | 2,942 / 2,775 | 16 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$314,900Median DOM:54New:19Total:191
Jan 2026
Median Price:$299,999Median DOM:59New:27Total:173
Feb 2026
Median Price:$329,900Median DOM:70New:33Total:164
Mar 2026
Median Price:$339,900Median DOM:62New:41Total:173
Apr 2026
Median Price:$349,000Median DOM:56New:37Total:189
May 2026
Median Price:$349,900Median DOM:51New:24Total:202
6-Month Rental Trend
Dec 2025
Median Rent:$1,650Median DOM:2New:62Total:125
Jan 2026
Median Rent:$1,700Median DOM:9New:59Total:134
Feb 2026
Median Rent:$1,650Median DOM:1New:71Total:143
Mar 2026
Median Rent:$1,500Median DOM:1New:69Total:138
Apr 2026
Median Rent:$1,500Median DOM:1New:60Total:134
May 2026
Median Rent:$1,595Median DOM:1New:51Total:135
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
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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