ZIP 31408 Housing Market Report
Georgia
Report period: May 2026
31408 Monthly Market Update – May 2026
ZIP 31408 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$259,900
−3.4%
Median DOM (Sales)
70
+18.6%
New Listings (Sales)
2
−88.2%
Median Rent
$1,600
0.0%
Median DOM (Rental)
61
0.0%
Total Rental Listings
22
−4.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (53 DOM)
- Fastest renting: Condo (15 DOM)
- Strongest bedroom: 7 Beds ($989,000 median)
Sales Market Overview
Median Price
$259,900
−3.4%
Median DOM
70
+18.6%
New Listings
2
−88.2%
Inventory
52
−7.1%
- Average Price: $301,190
- Median Price: $259,900
- Price Range: $20,000 – $1,500,000
- Price per Sq Ft (Avg/Median): $191 / $192
- Square Footage (Avg/Median): 1,626 / 1,600
- Square Footage Range: 934 – 4,010
- Days on Market (Avg/Median): 85 / 70
- Days on Market Range: 3 – 200
- New Listings: 2
- Total Listings: 52
Sales by Property Type
Land
Avg/Median Price$262,750 / $45,000Range$20,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM127 / 143New0Total8
Multi-Family
Avg/Median Price$528,000 / $335,000Range$260,000 – $989,000Price per Sq Ft$256 / $255Sq Ft2,095 / 1,257DOM114 / 91New0Total3
Single Family
Avg/Median Price$292,095 / $260,000Range$49,900 – $577,000Price per Sq Ft$186 / $187Sq Ft1,591 / 1,600DOM75 / 53New2Total41
Sales by Bedroom Count
2 Beds
Avg:$284,950Median:$234,900Range:$234,900 – $335,000PSF:$254 / $242Sq Ft:1,114 / 970DOM:164 / 143New:0Total:2
3 Beds
Avg:$270,562Median:$259,900Range:$49,900 – $398,000PSF:$182 / $186Sq Ft:1,530 / 1,438DOM:78 / 65New:1Total:34
4 Beds
Avg:$405,483Median:$308,000Range:$249,900 – $577,000PSF:$217 / $216Sq Ft:1,961 / 1,930DOM:44 / 13New:1Total:6
5 Beds
Avg:$369,000Median:$369,000Range:$369,000 – $369,000PSF:$199 / $199Sq Ft:1,850 / 1,850DOM:91 / 91New:0Total:1
7 Beds
Avg:$989,000Median:$989,000Range:$989,000 – $989,000PSF:$247 / $247Sq Ft:4,010 / 4,010DOM:91 / 91New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $284,950 | $234,900 | $234,900 – $335,000 | $254 / $242 | 1,114 / 970 | 164 / 143 | 0 | 2 |
| 3 Beds | $270,562 | $259,900 | $49,900 – $398,000 | $182 / $186 | 1,530 / 1,438 | 78 / 65 | 1 | 34 |
| 4 Beds | $405,483 | $308,000 | $249,900 – $577,000 | $217 / $216 | 1,961 / 1,930 | 44 / 13 | 1 | 6 |
| 5 Beds | $369,000 | $369,000 | $369,000 – $369,000 | $199 / $199 | 1,850 / 1,850 | 91 / 91 | 0 | 1 |
| 7 Beds | $989,000 | $989,000 | $989,000 – $989,000 | $247 / $247 | 4,010 / 4,010 | 91 / 91 | 0 | 1 |
Rental Market Overview
Median Rent
$1,600
0.0%
Median DOM
61
0.0%
New Listings
3
Inventory
22
−4.3%
- Average Rent: $1,661
- Median Rent: $1,600
- Rent Range: $1,250 – $2,500
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,126 / 1,033
- Square Footage Range: 736 – 2,004
- Days on Market (Avg/Median): 74 / 61
- Days on Market Range: 1 – 304
- New Listings: 3
- Total Listings: 22
Rentals by Property Type
Apartment
$1,275
Median DOM: 134
Inventory: 7
MoM: 0.0%
Condo
$1,500
Median DOM: 15
Inventory: 2
MoM: 0.0%
Single Family
$1,825
Median DOM: 30
Inventory: 11
MoM: 0.0%
Townhouse
$1,450
Median DOM: 22
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,324 / $1,275Range$1,250 – $1,480Rent per Sq Ft$2 / $2Sq Ft828 / 784DOM155 / 134New0Total7
Condo
Avg/Median Rent$1,550 / $1,500Range$1,500 – $1,600Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM15 / 15New0Total2
Single Family
Avg/Median Rent$1,883 / $1,825Range$1,395 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,332 / 1,300DOM43 / 30New3Total11
Townhouse
Avg/Median Rent$1,725 / $1,450Range$1,450 – $2,000Rent per Sq Ft$2 / $1Sq Ft1,100 / 1,000DOM30 / 22New0Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,269Median:$1,275Range:$1,250 – $1,275PSF:$2 / $2Sq Ft:765 / 770DOM:132 / 134New:0Total:4
2 Beds
Avg:$1,449Median:$1,450Range:$1,315 – $1,600PSF:$2 / $1Sq Ft:953 / 988DOM:96 / 22New:1Total:7
3 Beds
Avg:$1,902Median:$1,825Range:$1,600 – $2,500PSF:$2 / $1Sq Ft:1,286 / 1,250DOM:48 / 38New:2Total:10
4 Beds
Avg:$2,300Median:$2,300Range:$2,300 – $2,300PSF:$1 / $1Sq Ft:2,004 / 2,004DOM:26 / 26New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,269 | $1,275 | $1,250 – $1,275 | $2 / $2 | 765 / 770 | 132 / 134 | 0 | 4 |
| 2 Beds | $1,449 | $1,450 | $1,315 – $1,600 | $2 / $1 | 953 / 988 | 96 / 22 | 1 | 7 |
| 3 Beds | $1,902 | $1,825 | $1,600 – $2,500 | $2 / $1 | 1,286 / 1,250 | 48 / 38 | 2 | 10 |
| 4 Beds | $2,300 | $2,300 | $2,300 – $2,300 | $1 / $1 | 2,004 / 2,004 | 26 / 26 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$285,000Median DOM:54New:4Total:38
Jan 2026
Median Price:$285,000Median DOM:75New:3Total:37
Feb 2026
Median Price:$275,000Median DOM:72New:13Total:47
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:70New:2Total:52
6-Month Rental Trend
Dec 2025
Median Rent:$1,480Median DOM:8New:7Total:16
Jan 2026
Median Rent:$1,400Median DOM:34New:8Total:20
Feb 2026
Median Rent:$1,500Median DOM:49New:6Total:24
Mar 2026
Median Rent:$1,600Median DOM:55New:4Total:26
Apr 2026
Median Rent:$1,600Median DOM:61New:5Total:23
May 2026
Median Rent:$1,600Median DOM:61New:3Total:22
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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