Is 30047, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30047 has remained a Seller's Market.
Housing Prices in 30047, GA
How much do homes in 30047, GA cost?
Median Sold Price
$402,642
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 30047 was $402,642 in March 2024, up 3.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $330K | $360K | +9.1% |
3 Bedrooms | $349.9K | $363.8K | +4.0% |
4 Bedrooms | $409K | $415K | +1.5% |
5+ Bedrooms | $526K | $525K | -0.2% |
Summary: 30047 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 9.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 30047, GA
How many homes are available in 30047, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
191 | 235 | +23.0% |
Summary: The 30047 real estate market had 235 homes for sale in March 2024, a 23.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 62 | 67 | +8.1% |
4 Bedrooms | 61 | 81 | +32.8% |
5+ Bedrooms | 59 | 74 | +25.4% |
Summary: The 30047 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 increased by 44.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes increased by 25.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 58 | +26.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in 30047 in March 2024, up by 26.1% month-over-month. Of the 54 sold homes, 44% were sold under asking, 19% were sold at asking, and 37% were sold over asking.
Days on Market for 30047, GA
How long does it take to sell a home in 30047, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 18 Days | -59.4% |
Summary: Homes in 30047 had an average of 18 days on market in Mar 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 58 homes were sold in 30047; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.