Is 30041, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30041 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30041 has remained a Seller's Market.

Key Takeaway

30041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30041, GA

How much do homes in 30041, GA cost?

Median Sold Price

$587,981

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,002(+4.8%)

Key Takeaway

Homes in 30041 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 30041 was $587,981 in March 2024, up 4.8% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $497.4K$215K
-56.8%
2 $320K$349K
+9.1%
3 $428K$483.4K
+12.9%
4 $575K$604.6K
+5.2%
5+ $748.8K$786.7K
+5.1%

Summary: 30041 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

30041
+4.8%
30028
+4.8%
30518
+4.6%
30040
+4.5%
30024
+2.1%

Housing Supply in 30041, GA

How many homes are available in 30041, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
288329+14.2%

Summary: The 30041 real estate market had 329 homes for sale in March 2024, a 14.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 2819
-32.1%
3 6181
+32.8%
4 8390
+8.4%
5+ 113136
+20.4%

Summary: The 30041 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 32.1%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 20.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7384+15.1%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30041, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in 30041 in March 2024, up by 15.1% month-over-month. Of the 84 sold homes, 43% were sold under asking, 18% were sold at asking, and 39% were sold over asking.

Days on Market for 30041, GA

How long does it take to sell a home in 30041, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days18 Days-53.3%

Summary: Homes in 30041 had an average of 18 days on market in Mar 2024, down by 53.3% compared to last year.

Breakdown of Home Sale Times

69 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30041 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 84 homes were sold in 30041; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% 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 22 Days Ago

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