Is 30079, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30079 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30079 has remained a Seller's Market.

Key Takeaway

30079 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30079, GA

How much do homes in 30079, GA cost?

Median Sold Price

$407,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$77,100(+23.4%)

Key Takeaway

Homes in 30079 have sold for 23.4% more than they did a year ago.

Summary: The median home sold price in 30079 was $407,000 in March 2024, up 23.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $110K-
N/A
2 $260K$244K
-6.2%
3 $380K$332.5K
-12.5%
4 $412.5K$508K
+23.2%
5+ $705K$650K
-7.8%

Summary: 30079 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 6.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

30079
+23.4%
30021
+10.3%
30033
+8.1%
30002
-1.8%

Housing Supply in 30079, GA

How many homes are available in 30079, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2629+11.5%

Summary: The 30079 real estate market had 29 homes for sale in March 2024, a 11.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 1114
+27.3%
4 84
-50.0%
5+ 67
+16.7%

Summary: The 30079 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 300%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30079, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 30079 in March 2024, up by 150.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for 30079, GA

How long does it take to sell a home in 30079, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days45 Days-7.7%

Summary: Homes in 30079 had an average of 45 days on market in Mar 2024, down by 7.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30079 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 10 homes were sold in 30079; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

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