Is 30116, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30116 has remained a Seller's Market.
Housing Prices in 30116, GA
How much do homes in 30116, GA cost?
Median Sold Price
$309,235
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 30116 was $309,235 in March 2024, up 14.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | $192.5K | +96.4% |
2 Bedrooms | $102.8K | $210K | +104.2% |
3 Bedrooms | $250K | $263K | +5.2% |
4 Bedrooms | $299K | $390K | +30.4% |
5+ Bedrooms | $519.9K | $490K | -5.8% |
Summary: 30116 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.4%, 2 bedroom homes increased by 104.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes decreased by 5.8%.
Housing Supply in 30116, GA
How many homes are available in 30116, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 100 | +11.1% |
Summary: The 30116 real estate market had 100 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 42 | 49 | +16.7% |
4 Bedrooms | 31 | 30 | -3.2% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 30116 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 25 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 30116 in March 2024, the same as the previous month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for 30116, GA
How long does it take to sell a home in 30116, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 41 Days | -0.8% |
Summary: Homes in 30116 had an average of 41 days on market in Mar 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in 30116; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.