Is 30222, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30222 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 30222 was a Seller's Market.

Key Takeaway

30222 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30222, GA

How much do homes in 30222, GA cost?

Median Sold Price

$117,450

$77/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$157,550(-57.3%)

Key Takeaway

Homes in 30222 have sold for 57.3% less than they did a month ago.

Summary: The median home sold price in 30222 was $117,450 in February 2024, down 57.3% from last month, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $275K$75K
-72.7%
4 -$159.9K
N/A
5+ --
N/A

Summary: 30222 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 72.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 30222, GA

How many homes are available in 30222, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
21210.0%

Summary: The 30222 real estate market had 21 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1514
-6.7%
4 44
0.0%
5+ 23
+50.0%

Summary: The 30222 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30222, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 30222 in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 30222, GA

How long does it take to sell a home in 30222, GA?

Average Sale Time

Jan 2024Feb 2024CHANGE
24 Days127 Days+414.1%

Summary: Homes in 30222 had an average of 127 days on market in Feb 2024, up by 414.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30222 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in 30222; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in 30222, GA

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