Is 30101, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 30101 has remained a Seller's Market.
Key Takeaway
30101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30101, GA
How much do homes in 30101, GA cost?
Median Sold Price
$429,764
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 30101 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 30101 was $429,764 in May 2024, up 1.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.5K | $140K | -10.5% |
| 2 Bedrooms | $288.5K | $295K | +2.3% |
| 3 Bedrooms | $350K | $368.6K | +5.3% |
| 4 Bedrooms | $447.7K | $455K | +1.6% |
| 5+ Bedrooms | $565.4K | $609K | +7.7% |
Summary: 30101 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 30101, GA
How many homes are available in 30101, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 383 | 409 | +6.8% |
Summary: The 30101 real estate market had 409 homes for sale in May 2024, a 6.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 128 | 137 | +7.0% |
| 4 Bedrooms | 109 | 112 | +2.8% |
| 5+ Bedrooms | 123 | 138 | +12.2% |
Summary: The 30101 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 12.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 117 | 95 | -18.8% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30101, you may be able to get a good deal. 38.7% of homes here sold below asking price last month.
Summary: A total of 95 homes were sold or pending in 30101 in May 2024, down by 18.8% month-over-month. Of the 93 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.
Days on Market for 30101, GA
How long does it take to sell a home in 30101, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 32 Days | +8.6% |
Summary: Homes in 30101 had an average of 32 days on market in May 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30101 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 95 homes were sold in 30101; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.