Is 30087, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30087 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30087 has remained a Seller's Market.

Key Takeaway

30087 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30087, GA

How much do homes in 30087, GA cost?

Median Sold Price

$345,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$16,000(-4.4%)

Key Takeaway

Homes in 30087 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 30087 was $345,000 in March 2024, down 4.4% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $211K$189.9K
-10.0%
3 $293K$300K
+2.4%
4 $385K$370K
-3.9%
5+ $430K$475K
+10.5%

Summary: 30087 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 10%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

30047
+3.4%
30088
+2.0%
30058
0.0%
30039
-2.9%
30087
-4.4%

Housing Supply in 30087, GA

How many homes are available in 30087, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
161181+12.4%

Summary: The 30087 real estate market had 181 homes for sale in March 2024, a 12.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 6265
+4.8%
4 6266
+6.5%
5+ 3042
+40.0%

Summary: The 30087 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 16.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4641-10.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30087, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 30087 in March 2024, down by 10.9% month-over-month. Of the 39 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% were sold over asking.

Days on Market for 30087, GA

How long does it take to sell a home in 30087, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days36 Days-13.9%

Summary: Homes in 30087 had an average of 36 days on market in Mar 2024, down by 13.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30087 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 41 homes were sold in 30087; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% 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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