Is 30022, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30022 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30022 has remained a Seller's Market.

Key Takeaway

30022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30022, GA

How much do homes in 30022, GA cost?

Median Sold Price

$659,993

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$70,403(+11.9%)

Key Takeaway

Homes in 30022 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 30022 was $659,993 in March 2024, up 11.9% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $477.1K-
N/A
2 $330K$380K
+15.2%
3 $432.5K$465K
+7.5%
4 $580K$630K
+8.6%
5+ $854.2K$960K
+12.4%

Summary: 30022 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

30009
+28.1%
30022
+11.9%
30076
+8.9%
30005
+5.7%
30092
+5.7%

Housing Supply in 30022, GA

How many homes are available in 30022, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
184215+16.8%

Summary: The 30022 real estate market had 215 homes for sale in March 2024, a 16.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 4042
+5.0%
4 5748
-15.8%
5+ 75114
+52.0%

Summary: The 30022 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 52%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4459+34.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30022, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.

Summary: A total of 59 homes were sold or pending in 30022 in March 2024, up by 34.1% month-over-month. Of the 56 sold homes, 23% were sold under asking, 16% were sold at asking, and 61% were sold over asking.

Days on Market for 30022, GA

How long does it take to sell a home in 30022, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days11 Days-67.9%

Summary: Homes in 30022 had an average of 11 days on market in Mar 2024, down by 67.9% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30022 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 59 homes were sold in 30022; 90% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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