Is 30342, 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, 30342 has remained a Seller's Market.
Key Takeaway
30342 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30342, GA
How much do homes in 30342, GA cost?
Median Sold Price
$725,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 30342 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 30342 was $725,000 in May 2024, up 4.3% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.5K | $187K | -19.9% |
| 2 Bedrooms | $300K | $357K | +19.0% |
| 3 Bedrooms | $625K | $580K | -7.2% |
| 4 Bedrooms | $890K | $860K | -3.4% |
| 5+ Bedrooms | $1.6M | $1.9M | +20.2% |
Summary: 30342 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in 30342, GA
How many homes are available in 30342, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 219 | 246 | +12.3% |
Summary: The 30342 real estate market had 246 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 16 | -5.9% |
| 2 Bedrooms | 37 | 45 | +21.6% |
| 3 Bedrooms | 49 | 54 | +10.2% |
| 4 Bedrooms | 32 | 38 | +18.8% |
| 5+ Bedrooms | 84 | 93 | +10.7% |
Summary: The 30342 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 51 | +34.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30342, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in 30342 in May 2024, up by 34.2% month-over-month. Of the 48 sold homes, 46% were sold under asking, 13% were sold at asking, and 42% were sold over asking.
Days on Market for 30342, GA
How long does it take to sell a home in 30342, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 25 Days | +71.1% |
Summary: Homes in 30342 had an average of 25 days on market in May 2024, up by 71.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30342 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 51 homes were sold in 30342; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% 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.