Is 30040, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 30040 has remained a Seller's Market.
Housing Prices in 30040, GA
How much do homes in 30040, GA cost?
Median Sold Price
$580,437
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 30040 was $580,437 in April 2024, up 4.8% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $826.5K | +129.6% |
2 Bedrooms | $325K | $350K | +7.7% |
3 Bedrooms | $420K | $449.5K | +7.0% |
4 Bedrooms | $550K | $600K | +9.1% |
5+ Bedrooms | $701K | $739.5K | +5.5% |
Summary: 30040 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 129.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 30040, GA
How many homes are available in 30040, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
384 | 456 | +18.8% |
Summary: The 30040 real estate market had 456 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 104 | 118 | +13.5% |
4 Bedrooms | 118 | 133 | +12.7% |
5+ Bedrooms | 136 | 178 | +30.9% |
Summary: The 30040 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 30.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 126 | +29.9% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 126 homes were sold or pending in 30040 in April 2024, up by 29.9% month-over-month. Of the 123 sold homes, 36% were sold under asking, 22% were sold at asking, and 42% were sold over asking.
Days on Market for 30040, GA
How long does it take to sell a home in 30040, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 17 Days | +8.6% |
Summary: Homes in 30040 had an average of 17 days on market in Apr 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
110 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 126 homes were sold in 30040; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.