31302 Zip Code Real Estate Market Continues Growth Trend in Price Cuts

The number of price cuts in the 31302 zip code market climbed to two over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to four homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price in the 31302 zip code climbed to $208,314 while months of inventory shot up to four.

With sizeable price reductions to these listings in the 31302 zip code, now is a prime opportunity to see them:

$200K   $249K   $235K  

Get started right now by checking out 31302 homes for sale or reviewing 31302 real estate trends.

Demographic facts for the 31302 zip code:

  • This area has a median house value of $116,200.
  • This area usually gets 110 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 8.7%.
  • The students per teacher ratio in this area is 14.0:1. (15.3:1 = national average)

Data reported through 10/12/2016

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