31047 Zip Code Real Estate Market Extends Strong Trend in Home Sales

Despite a 23.1% drop in sales over the last 30 days, the 31047 zip code market extended a three-week hot streak with a total of 10 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in the 31047 zip code, and this period the median price of all sales fell from $195,000 to $182,750. With decreasing sales and the availability of eight months of inventory, the 31047 zip code is a definite buyer's market.

If money isn't a problem, check out these eye-catching listings in the 31047 zip code:

$865K   $629K   $384K  

Get started right now by checking out 31047 homes for sale or reviewing 31047 real estate trends.

Demographic facts about the 31047 zip code:

  • The average age of the population is 35 years old.
  • The health cost index score in this area is 95.4. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (18.5%), 15-29 min (59.6%), 30-44 min (16.5%), 45-59 min (2.7%), >60 min (2.7%).

Data reported through 10/12/2016


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