Is 30216, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30216 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30216 has remained a Seller's Market.

Key Takeaway

30216 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30216, GA

How much do homes in 30216, GA cost?

Median Sold Price

$277,450

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,450(+11.0%)

Key Takeaway

Homes in 30216 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 30216 was $277,450 in March 2024, up 11% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $287.5K$128.9K
-55.2%
3 $250K$245K
-2.0%
4 $265K$319.9K
+20.7%
5+ -$475.6K
N/A

Summary: 30216 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 55.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30216
+11.0%
31029
+5.1%
30233
+1.8%
31064
+0.8%

Housing Supply in 30216, GA

How many homes are available in 30216, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
109-10.0%

Summary: The 30216 real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 97
-22.2%
4 12
+100.0%
5+ 00
0.0%

Summary: The 30216 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 decreased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30216, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 30216 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 30216, GA

How long does it take to sell a home in 30216, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days16 Days-44.8%

Summary: Homes in 30216 had an average of 16 days on market in Mar 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30216 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 30216; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 30216, GA

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