Is 30097, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30097 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30097 has remained a Seller's Market.

Key Takeaway

30097 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30097, GA

How much do homes in 30097, GA cost?

Median Sold Price

$676,750

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,083(+2.3%)

Key Takeaway

Homes in 30097 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 30097 was $676,750 in March 2024, up 2.3% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $322.5K$330K
+2.3%
3 $425K$448.3K
+5.5%
4 $562.5K$600K
+6.7%
5+ $900K$947.5K
+5.3%

Summary: 30097 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 2.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

30022
+11.9%
30096
+8.1%
30005
+5.7%
30097
+2.3%
30024
+2.1%

Housing Supply in 30097, GA

How many homes are available in 30097, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
131174+32.8%

Summary: The 30097 real estate market had 174 homes for sale in March 2024, a 32.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 2428
+16.7%
4 3751
+37.8%
5+ 6789
+32.8%

Summary: The 30097 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 32.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3347+42.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30097, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 47 homes were sold or pending in 30097 in March 2024, up by 42.4% month-over-month. Of the 44 sold homes, 39% were sold under asking, 16% were sold at asking, and 45% were sold over asking.

Days on Market for 30097, GA

How long does it take to sell a home in 30097, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days24 Days-41.8%

Summary: Homes in 30097 had an average of 24 days on market in Mar 2024, down by 41.8% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30097 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 47 homes were sold in 30097; 85% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 9% 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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