Is 30055, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30055 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30055 was a Seller's Market.

Key Takeaway

30055 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30055, GA

How much do homes in 30055, GA cost?

Median Sold Price

$352,444

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,444(+5.2%)

Key Takeaway

Homes in 30055 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 30055 was $352,444 in April 2024, up 5.2% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$249.9K
N/A
2 $247.4K$350K
+41.4%
3 $309.9K$317.9K
+2.6%
4 $424.9K$450K
+5.9%
5+ $459.9K$525K
+14.1%

Summary: 30055 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Zip Codes

30055
+5.2%
30014
+1.4%
30663
-17.8%

Housing Supply in 30055, GA

How many homes are available in 30055, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2930+3.4%

Summary: The 30055 real estate market had 30 homes for sale in April 2024, a 3.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1214
+16.7%
4 1414
0.0%
5+ 20
-100.0%

Summary: The 30055 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30055, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 30055 in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 30055, GA

How long does it take to sell a home in 30055, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
102 Days84 Days-17.6%

Summary: Homes in 30055 had an average of 84 days on market in Apr 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 30055 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in 30055; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 9 Days Ago

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