Is 30220, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30220 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30220 has remained a Seller's Market.

Key Takeaway

30220 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30220, GA

How much do homes in 30220, GA cost?

Median Sold Price

$296,450

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,450(+7.8%)

Key Takeaway

Homes in 30220 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 30220 was $296,450 in March 2024, up 7.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $122.9K$92.1K
-25.0%
3 $244K$287.5K
+17.8%
4 $374.9K$330K
-12.0%
5+ $325K$333.5K
+2.6%

Summary: 30220 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 25%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

30220
+7.8%
30263
+5.4%
30230
-7.8%
30251
-10.8%

Housing Supply in 30220, GA

How many homes are available in 30220, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4137-9.8%

Summary: The 30220 real estate market had 37 homes for sale in March 2024, a 9.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2219
-13.6%
4 1413
-7.1%
5+ 44
0.0%

Summary: The 30220 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 13.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30220, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 30220 in March 2024, down by 23.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 30220, GA

How long does it take to sell a home in 30220, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days45 Days+1.4%

Summary: Homes in 30220 had an average of 45 days on market in Mar 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30220 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 10 homes were sold in 30220; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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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