Is 30078, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30078 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30078 has remained a Seller's Market.

Key Takeaway

30078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30078, GA

How much do homes in 30078, GA cost?

Median Sold Price

$382,100

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,100(+2.7%)

Key Takeaway

Homes in 30078 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 30078 was $382,100 in April 2024, up 2.7% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $349.9K$375K
+7.1%
3 $325.1K$332K
+2.1%
4 $383K$398K
+3.9%
5+ $610K$560K
-8.2%

Summary: 30078 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 7.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

30047
+6.2%
30078
+2.7%
30044
+1.9%
30017
-0.8%
30039
-1.4%

Housing Supply in 30078, GA

How many homes are available in 30078, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
180216+20.0%

Summary: The 30078 real estate market had 216 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 7588
+17.3%
4 6980
+15.9%
5+ 3446
+35.3%

Summary: The 30078 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 remained the same, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 35.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3954+38.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30078, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.

Summary: A total of 54 homes were sold or pending in 30078 in April 2024, up by 38.5% month-over-month. Of the 53 sold homes, 36% were sold under asking, 23% were sold at asking, and 42% were sold over asking.

Days on Market for 30078, GA

How long does it take to sell a home in 30078, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days17 Days-63.7%

Summary: Homes in 30078 had an average of 17 days on market in Apr 2024, down by 63.7% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30078 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 54 homes were sold in 30078; 74% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 2% 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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