Is 30127, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30127 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30127 has remained a Seller's Market.

Key Takeaway

30127 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30127, GA

How much do homes in 30127, GA cost?

Median Sold Price

$370,327

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,413(-2.5%)

Key Takeaway

Homes in 30127 have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in 30127 was $370,327 in March 2024, down 2.5% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$145K
N/A
2 $275K$327.5K
+19.1%
3 $310K$325.9K
+5.1%
4 $399.6K$392.6K
-1.7%
5+ $550K$560K
+1.8%

Summary: 30127 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 19.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

30064
+9.8%
30106
+0.9%
30008
0.1%
30141
-1.2%
30127
-2.5%

Housing Supply in 30127, GA

How many homes are available in 30127, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
295333+12.9%

Summary: The 30127 real estate market had 333 homes for sale in March 2024, a 12.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2019
-5.0%
3 88111
+26.1%
4 121137
+13.2%
5+ 6666
0.0%

Summary: The 30127 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 decreased by 5%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7765-15.6%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30127, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 30127 in March 2024, down by 15.6% month-over-month. Of the 61 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.

Days on Market for 30127, GA

How long does it take to sell a home in 30127, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days32 Days-27.7%

Summary: Homes in 30127 had an average of 32 days on market in Mar 2024, down by 27.7% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30127 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 65 homes were sold in 30127; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% 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 28 Days Ago

Newest Listings in 30127, GA

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