ZIP 31407 Housing Market Report

Georgia

Report period: May 2026

31407 Monthly Market Update – May 2026

ZIP 31407 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$340,566
+0.2%
Median DOM (Sales)
25
+4.2%
New Listings (Sales)
96
−29.9%
Median Rent
$1,753
+1.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
540
−10.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (23 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($446,900 median)

Sales Market Overview

Median Price
$340,566
+0.2%
Median DOM
25
+4.2%
New Listings
96
−29.9%
Inventory
350
−3.0%
  • Average Price: $353,365
  • Median Price: $340,566
  • Price Range: $75,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $188 / $185
  • Square Footage (Avg/Median): 1,947 / 1,821
  • Square Footage Range: 702 – 4,312
  • Days on Market (Avg/Median): 49 / 25
  • Days on Market Range: 2 – 236
  • New Listings: 96
  • Total Listings: 350

Sales by Property Type

Condo
Avg/Median Price$208,450 / $159,900Range$159,900 – $257,000Price per Sq Ft$198 / $165Sq Ft1,040 / 970DOM141 / 109New0Total2
Land
Avg/Median Price$717,600 / $375,000Range$75,000 – $1,999,000Price per Sq FtSq FtDOM122 / 87New0Total5
Multi-Family
Avg/Median Price$339,900 / $339,900Range$339,900 – $339,900Price per Sq Ft$192 / $192Sq Ft1,772 / 1,772DOM24 / 24New0Total1
Single Family
Avg/Median Price$353,628 / $344,900Range$106,500 – $2,500,000Price per Sq Ft$189 / $186Sq Ft1,976 / 1,870DOM46 / 23New95Total324
Townhouse
Avg/Median Price$264,300 / $267,000Range$240,000 – $299,900Price per Sq Ft$175 / $172Sq Ft1,540 / 1,455DOM82 / 69New1Total18

Sales by Bedroom Count

2 Beds
Avg:$247,761Median:$250,000Range:$159,900 – $300,000PSF:$240 / $232Sq Ft:1,044 / 1,045DOM:79 / 60New:2Total:18
3 Beds
Avg:$315,597Median:$318,190Range:$106,500 – $999,900PSF:$204 / $206Sq Ft:1,596 / 1,475DOM:45 / 20New:46Total:154
4 Beds
Avg:$357,702Median:$357,990Range:$250,000 – $499,900PSF:$174 / $176Sq Ft:2,118 / 2,005DOM:46 / 14New:42Total:132
5 Beds
Avg:$432,421Median:$424,900Range:$335,000 – $569,500PSF:$144 / $143Sq Ft:3,057 / 2,956DOM:57 / 31New:6Total:39
6 Beds
Avg:$1,473,450Median:$446,900Range:$446,900 – $2,500,000PSF:$345 / $110Sq Ft:4,192 / 4,071DOM:35 / 7New:0Total:2

Rental Market Overview

Median Rent
$1,753
+1.4%
Median DOM
1
0.0%
New Listings
259
Inventory
540
−10.6%
  • Average Rent: $1,853
  • Median Rent: $1,753
  • Rent Range: $849 – $3,810
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,328 / 1,170
  • Square Footage Range: 250 – 3,363
  • Days on Market (Avg/Median): 26 / 1
  • Days on Market Range: 1 – 307
  • New Listings: 259
  • Total Listings: 540

Rentals by Property Type

Apartment
$1,577
Median DOM: 1
Inventory: 337
MoM: +1.4%
Condo
Median DOM:
Inventory:
MoM: +1.4%
Single Family
$2,049
Median DOM: 1
Inventory: 174
MoM: +1.4%
Townhouse
$2,000
Median DOM: 66
Inventory: 29
MoM: +1.4%
Apartment
Avg/Median Rent$1,663 / $1,577Range$1,139 – $3,782Rent per Sq Ft$2 / $2Sq Ft1,069 / 1,153DOM7 / 1New214Total337
Single Family
Avg/Median Rent$2,151 / $2,049Range$849 – $3,450Rent per Sq Ft$1 / $1Sq Ft1,802 / 1,670DOM54 / 1New40Total174
Townhouse
Avg/Median Rent$2,265 / $2,000Range$1,400 – $3,810Rent per Sq Ft$1 / $1Sq Ft1,531 / 1,588DOM82 / 66New5Total29

Rentals by Bedroom Count

1 Beds
Avg:$1,480Median:$1,463Range:$849 – $1,951PSF:$2 / $2Sq Ft:824 / 819DOM:13 / 1New:75Total:126
2 Beds
Avg:$1,686Median:$1,585Range:$1,400 – $2,406PSF:$1 / $1Sq Ft:1,160 / 1,153DOM:8 / 1New:121Total:187
3 Beds
Avg:$2,108Median:$1,999Range:$1,650 – $3,810PSF:$1 / $1Sq Ft:1,587 / 1,474DOM:52 / 1New:43Total:176
4 Beds
Avg:$2,477Median:$2,450Range:$2,000 – $2,995PSF:$1 / $1Sq Ft:2,223 / 2,138DOM:31 / 1New:17Total:45
5 Beds
Avg:$2,682Median:$2,650Range:$2,450 – $2,850PSF:$1 / $1Sq Ft:2,913 / 2,956DOM:46 / 1New:3Total:6

6-Month Sales Trend

Dec 2025
Median Price:$345,000Median DOM:35New:93Total:291
Jan 2026
Median Price:$342,050Median DOM:24New:119Total:291
Feb 2026
Median Price:$343,000Median DOM:23New:126Total:311
Mar 2026
Median Price:$340,000Median DOM:22New:131Total:342
Apr 2026
Median Price:$339,900Median DOM:24New:137Total:361
May 2026
Median Price:$340,566Median DOM:25New:96Total:350

6-Month Rental Trend

Dec 2025
Median Rent:$1,807Median DOM:1New:308Total:466
Jan 2026
Median Rent:$1,795Median DOM:1New:240Total:450
Feb 2026
Median Rent:$1,795Median DOM:1New:272Total:437
Mar 2026
Median Rent:$1,795Median DOM:1New:348Total:533
Apr 2026
Median Rent:$1,728Median DOM:1New:366Total:604
May 2026
Median Rent:$1,753Median DOM:1New:259Total:540

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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