Is 30046, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30046 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30046 has remained a Seller's Market.

Key Takeaway

30046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30046, GA

How much do homes in 30046, GA cost?

Median Sold Price

$344,166

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,166(+2.7%)

Key Takeaway

Homes in 30046 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 30046 was $344,166 in March 2024, up 2.7% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $248K$215K
-13.3%
3 $313.1K$325.9K
+4.1%
4 $370K$370K
0.0%
5+ $460.5K$455K
-1.2%

Summary: 30046 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 decreased by 13.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

30046
+2.7%
30044
+1.4%
30043
0.4%
30045
0.3%
30017
-1.1%

Housing Supply in 30046, GA

How many homes are available in 30046, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
108128+18.5%

Summary: The 30046 real estate market had 128 homes for sale in March 2024, a 18.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 6278
+25.8%
4 2532
+28.0%
5+ 1415
+7.1%

Summary: The 30046 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 57.1%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2733+22.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30046, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 30046 in March 2024, up by 22.2% month-over-month. Of the 33 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.

Days on Market for 30046, GA

How long does it take to sell a home in 30046, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days25 Days-57.4%

Summary: Homes in 30046 had an average of 25 days on market in Mar 2024, down by 57.4% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30046 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 33 homes were sold in 30046; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 9% 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 26 Days Ago

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