ZIP 31406 Housing Market Report

Georgia

Report period: August 2026

31406 Monthly Market Update – August 2026

ZIP 31406 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$360,000
−3.7%
Median DOM (Sales)
65
+3.2%
New Listings (Sales)
15
−57.1%
Median Rent
$1,500
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
152
+10.9%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (58 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($950,000 median)

Sales Market Overview

Median Price
$360,000
−3.7%
Median DOM
65
+3.2%
New Listings
15
−57.1%
Inventory
217
+2.8%
  • Average Price: $499,649
  • Median Price: $360,000
  • Price Range: $25,000 – $2,100,000
  • Price per Sq Ft (Avg/Median): $256 / $226
  • Square Footage (Avg/Median): 1,986 / 1,715
  • Square Footage Range: 726 – 6,416
  • Days on Market (Avg/Median): 84 / 65
  • Days on Market Range: 2 – 278
  • New Listings: 15
  • Total Listings: 217

Sales by Property Type

Condo
Avg/Median Price$206,246 / $210,000Range$149,500 – $275,000Price per Sq Ft$189 / $194Sq Ft1,137 / 980DOM95 / 109New1Total13
Land
Avg/Median Price$413,744 / $270,000Range$25,000 – $1,950,000Price per Sq FtSq FtDOM167 / 137New1Total16
Multi-Family
Avg/Median Price$449,000 / $449,000Range$449,000 – $449,000Price per Sq Ft$195 / $195Sq Ft2,300 / 2,300DOM277 / 277New0Total1
Single Family
Avg/Median Price$541,222 / $425,000Range$130,000 – $2,100,000Price per Sq Ft$266 / $231Sq Ft2,061 / 1,806DOM73 / 58New13Total173
Townhouse
Avg/Median Price$360,164 / $309,900Range$199,000 – $675,000Price per Sq Ft$194 / $187Sq Ft1,826 / 1,646DOM94 / 78New0Total14

Sales by Bedroom Count

2 Beds
Avg:$353,095Median:$215,000Range:$130,000 – $1,275,000PSF:$322 / $219Sq Ft:1,150 / 1,040DOM:83 / 92New:1Total:21
3 Beds
Avg:$423,791Median:$338,500Range:$160,000 – $1,600,000PSF:$246 / $224Sq Ft:1,705 / 1,518DOM:76 / 59New:8Total:109
4 Beds
Avg:$605,590Median:$499,900Range:$169,900 – $1,700,000PSF:$244 / $220Sq Ft:2,446 / 2,152DOM:75 / 66New:3Total:60
5 Beds
Avg:$1,141,140Median:$950,000Range:$695,000 – $2,100,000PSF:$293 / $269Sq Ft:4,003 / 3,900DOM:66 / 30New:2Total:10
6 Beds
Avg:$449,000Median:$449,000Range:$449,000 – $449,000PSF:$195 / $195Sq Ft:2,300 / 2,300DOM:277 / 277New:0Total:1

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
1
0.0%
New Listings
62
Inventory
152
+10.9%
  • Average Rent: $1,653
  • Median Rent: $1,500
  • Rent Range: $950 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,126 / 1,052
  • Square Footage Range: 519 – 3,108
  • Days on Market (Avg/Median): 40 / 1
  • Days on Market Range: 1 – 356
  • New Listings: 62
  • Total Listings: 152

Rentals by Property Type

Apartment
$1,150
Median DOM: 1
Inventory: 64
MoM: 0.0%
Condo
$1,400
Median DOM: 16
Inventory: 9
MoM: 0.0%
Single Family
$1,950
Median DOM: 1
Inventory: 57
MoM: 0.0%
Townhouse
$1,500
Median DOM: 17
Inventory: 22
MoM: 0.0%
Apartment
Avg/Median Rent$1,262 / $1,150Range$1,001 – $1,997Rent per Sq Ft$2 / $2Sq Ft848 / 840DOM44 / 1New28Total64
Condo
Avg/Median Rent$1,461 / $1,400Range$950 – $2,050Rent per Sq Ft$1 / $1Sq Ft1,049 / 1,008DOM55 / 16New3Total9
Single Family
Avg/Median Rent$2,079 / $1,950Range$1,130 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,349 / 1,200DOM33 / 1New25Total57
Townhouse
Avg/Median Rent$1,766 / $1,500Range$1,400 – $3,750Rent per Sq Ft$1 / $1Sq Ft1,398 / 1,240DOM42 / 17New6Total22

Rentals by Bedroom Count

1 Beds
Avg:$1,187Median:$1,119Range:$950 – $2,000PSF:$2 / $2Sq Ft:700 / 702DOM:48 / 1New:19Total:41
2 Beds
Avg:$1,503Median:$1,430Range:$1,100 – $4,000PSF:$1 / $1Sq Ft:1,063 / 1,008DOM:49 / 1New:20Total:59
3 Beds
Avg:$2,121Median:$1,950Range:$1,480 – $3,750PSF:$2 / $1Sq Ft:1,444 / 1,284DOM:27 / 1New:17Total:40
4 Beds
Avg:$2,335Median:$2,300Range:$1,795 – $2,995PSF:$1 / $1Sq Ft:1,638 / 1,688DOM:21 / 1New:6Total:11
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:$1 / $1Sq Ft:3,108 / 3,108DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$339,900Median DOM:62New:41Total:173
Apr 2026
Median Price:$349,000Median DOM:56New:37Total:189
May 2026
Median Price:$356,000Median DOM:51New:63Total:212
Jun 2026
Median Price:$374,900Median DOM:53New:45Total:217
Jul 2026
Median Price:$374,000Median DOM:63New:35Total:211
Aug 2026
Median Price:$360,000Median DOM:65New:15Total:217

6-Month Rental Trend

Mar 2026
Median Rent:$1,500Median DOM:1New:69Total:138
Apr 2026
Median Rent:$1,500Median DOM:1New:60Total:134
May 2026
Median Rent:$1,500Median DOM:1New:75Total:137
Jun 2026
Median Rent:$1,500Median DOM:1New:67Total:138
Jul 2026
Median Rent:$1,500Median DOM:1New:68Total:137
Aug 2026
Median Rent:$1,500Median DOM:1New:62Total:152

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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