Is 30161, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 30161 has remained a Seller's Market.
Housing Prices in 30161, GA
How much do homes in 30161, GA cost?
Median Sold Price
$214,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 30161 was $214,500 in February 2024, up 7.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $77.2K | -36.9% |
2 Bedrooms | $126.5K | $155K | +22.5% |
3 Bedrooms | $199.9K | $215K | +7.6% |
4 Bedrooms | $339K | $340K | 0.3% |
5+ Bedrooms | $405K | $472.5K | +16.7% |
Summary: 30161 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.9%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 16.7%.
Housing Supply in 30161, GA
How many homes are available in 30161, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
173 | 217 | +25.4% |
Summary: The 30161 real estate market had 217 homes for sale in February 2024, a 25.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 47 | 59 | +25.5% |
3 Bedrooms | 76 | 87 | +14.5% |
4 Bedrooms | 27 | 43 | +59.3% |
5+ Bedrooms | 22 | 27 | +22.7% |
Summary: The 30161 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
34 | 49 | +44.1% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 30161 in February 2024, up by 44.1% month-over-month. Of the 45 sold homes, 80% were sold under asking, 16% were sold at asking, and 4% were sold over asking.
Days on Market for 30161, GA
How long does it take to sell a home in 30161, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
42 Days | 39 Days | -6.6% |
Summary: Homes in 30161 had an average of 39 days on market in Feb 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 49 homes were sold in 30161; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.