ZIP 31408 Housing Market Report
Georgia
Report period: August 2026
31408 Monthly Market Update – August 2026
ZIP 31408 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$259,900
+4.4%
Median DOM (Sales)
98
+55.6%
New Listings (Sales)
1
−88.9%
Median Rent
$1,400
−5.4%
Median DOM (Rental)
9
−59.1%
Total Rental Listings
25
+13.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (49 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($354,900 median)
Sales Market Overview
Median Price
$259,900
+4.4%
Median DOM
98
+55.6%
New Listings
1
−88.9%
Inventory
53
−5.4%
- Average Price: $318,877
- Median Price: $259,900
- Price Range: $20,000 – $1,400,000
- Price per Sq Ft (Avg/Median): $189 / $190
- Square Footage (Avg/Median): 1,577 / 1,623
- Square Footage Range: 851 – 3,162
- Days on Market (Avg/Median): 115 / 98
- Days on Market Range: 3 – 292
- New Listings: 1
- Total Listings: 53
Sales by Property Type
Land
Avg/Median Price$507,362 / $269,000Range$20,000 – $1,400,000Price per Sq Ft—Sq Ft—DOM150 / 49New1Total8
Multi-Family
Avg/Median Price$324,300 / $329,900Range$247,900 – $364,500Price per Sq Ft$204 / $197Sq Ft1,822 / 1,257DOM165 / 157New0Total4
Single Family
Avg/Median Price$281,571 / $249,000Range$152,000 – $577,000Price per Sq Ft$188 / $186Sq Ft1,552 / 1,623DOM103 / 97New0Total41
Sales by Bedroom Count
2 Beds
Avg:$233,900Median:$199,900Range:$189,900 – $329,900PSF:$200 / $206Sq Ft:1,199 / 1,159DOM:127 / 64New:0Total:5
3 Beds
Avg:$275,503Median:$247,900Range:$178,000 – $387,000PSF:$190 / $190Sq Ft:1,505 / 1,535DOM:117 / 110New:0Total:30
4 Beds
Avg:$358,586Median:$299,900Range:$152,000 – $577,000PSF:$203 / $177Sq Ft:1,893 / 1,794DOM:71 / 97New:0Total:7
5 Beds
Avg:$271,000Median:$177,500Range:$177,500 – $364,500PSF:$146 / $95Sq Ft:1,860 / 1,850DOM:111 / 48New:0Total:2
6 Beds
Avg:$354,900Median:$354,900Range:$354,900 – $354,900PSF:$112 / $112Sq Ft:3,162 / 3,162DOM:53 / 53New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $233,900 | $199,900 | $189,900 – $329,900 | $200 / $206 | 1,199 / 1,159 | 127 / 64 | 0 | 5 |
| 3 Beds | $275,503 | $247,900 | $178,000 – $387,000 | $190 / $190 | 1,505 / 1,535 | 117 / 110 | 0 | 30 |
| 4 Beds | $358,586 | $299,900 | $152,000 – $577,000 | $203 / $177 | 1,893 / 1,794 | 71 / 97 | 0 | 7 |
| 5 Beds | $271,000 | $177,500 | $177,500 – $364,500 | $146 / $95 | 1,860 / 1,850 | 111 / 48 | 0 | 2 |
| 6 Beds | $354,900 | $354,900 | $354,900 – $354,900 | $112 / $112 | 3,162 / 3,162 | 53 / 53 | 0 | 1 |
Rental Market Overview
Median Rent
$1,400
−5.4%
Median DOM
9
−59.1%
New Listings
7
Inventory
25
+13.6%
- Average Rent: $1,507
- Median Rent: $1,400
- Rent Range: $850 – $2,150
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,149 / 988
- Square Footage Range: 675 – 2,004
- Days on Market (Avg/Median): 61 / 9
- Days on Market Range: 1 – 229
- New Listings: 7
- Total Listings: 25
Rentals by Property Type
Apartment
$1,299
Median DOM: 176
Inventory: 10
MoM: −5.4%
Condo
$1,350
Median DOM: 109
Inventory: 1
MoM: −5.4%
Single Family
$1,600
Median DOM: 1
Inventory: 14
MoM: −5.4%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −5.4%
Apartment
Avg/Median Rent$1,310 / $1,299Range$1,250 – $1,480Rent per Sq Ft$2 / $2Sq Ft837 / 784DOM139 / 176New2Total10
Condo
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM109 / 109New0Total1
Single Family
Avg/Median Rent$1,659 / $1,600Range$850 – $2,150Rent per Sq Ft$1 / $1Sq Ft1,400 / 1,370DOM13 / 1New5Total14
Rentals by Bedroom Count
1 Beds
Avg:$1,265Median:$1,250Range:$1,250 – $1,300PSF:$2 / $2Sq Ft:762 / 770DOM:176 / 217New:0Total:5
2 Beds
Avg:$1,361Median:$1,350Range:$850 – $1,650PSF:$1 / $1Sq Ft:917 / 915DOM:56 / 7New:5Total:11
3 Beds
Avg:$1,778Median:$1,750Range:$1,485 – $2,100PSF:$1 / $1Sq Ft:1,574 / 1,400DOM:7 / 1New:2Total:8
4 Beds
Avg:$2,150Median:$2,150Range:$2,150 – $2,150PSF:$1 / $1Sq Ft:2,004 / 2,004DOM:90 / 90New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,265 | $1,250 | $1,250 – $1,300 | $2 / $2 | 762 / 770 | 176 / 217 | 0 | 5 |
| 2 Beds | $1,361 | $1,350 | $850 – $1,650 | $1 / $1 | 917 / 915 | 56 / 7 | 5 | 11 |
| 3 Beds | $1,778 | $1,750 | $1,485 – $2,100 | $1 / $1 | 1,574 / 1,400 | 7 / 1 | 2 | 8 |
| 4 Beds | $2,150 | $2,150 | $2,150 – $2,150 | $1 / $1 | 2,004 / 2,004 | 90 / 90 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$274,000Median DOM:75New:7Total:46
Apr 2026
Median Price:$269,000Median DOM:59New:17Total:56
May 2026
Median Price:$259,900Median DOM:85New:5Total:50
Jun 2026
Median Price:$259,900Median DOM:70New:12Total:53
Jul 2026
Median Price:$249,000Median DOM:63New:9Total:56
Aug 2026
Median Price:$259,900Median DOM:98New:1Total:53
6-Month Rental Trend
Mar 2026
Median Rent:$1,600Median DOM:55New:4Total:26
Apr 2026
Median Rent:$1,600Median DOM:61New:5Total:23
May 2026
Median Rent:$1,500Median DOM:63New:4Total:20
Jun 2026
Median Rent:$1,480Median DOM:29New:8Total:20
Jul 2026
Median Rent:$1,480Median DOM:22New:10Total:22
Aug 2026
Median Rent:$1,400Median DOM:9New:7Total:25
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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