Is 30223, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30223 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30223 was a Seller's Market.

Key Takeaway

30223 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30223, GA

How much do homes in 30223, GA cost?

Median Sold Price

$227,225

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$225(+0.1%)

Key Takeaway

The sold price of homes in 30223 has remained the same since last year.

Summary: The median home sold price in 30223 was $227,225 in March 2024, up 0.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $98K$142.5K
+45.4%
2 $185K$161K
-13.0%
3 $209K$211K
+1.0%
4 $285K$331.9K
+16.5%
5+ $422.4K$399.9K
-5.3%

Summary: 30223 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.4%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

30223
0.1%
30228
-1.1%
30224
-3.0%
30292
-4.0%

Housing Supply in 30223, GA

How many homes are available in 30223, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
223249+11.7%

Summary: The 30223 real estate market had 249 homes for sale in March 2024, a 11.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 4750
+6.4%
3 96109
+13.5%
4 5765
+14.0%
5+ 1719
+11.8%

Summary: The 30223 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 increased by 6.4%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3834-10.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30223, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.

Summary: A total of 34 homes were sold or pending in 30223 in March 2024, down by 10.5% month-over-month. Of the 30 sold homes, 27% were sold under asking, 47% were sold at asking, and 27% were sold over asking.

Days on Market for 30223, GA

How long does it take to sell a home in 30223, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
43 Days21 Days-50.3%

Summary: Homes in 30223 had an average of 21 days on market in Mar 2024, down by 50.3% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30223 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 34 homes were sold in 30223; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% 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 26 Days Ago

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