Is 30228, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30228 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30228 has remained a Seller's Market.

Key Takeaway

30228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30228, GA

How much do homes in 30228, GA cost?

Median Sold Price

$321,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,831(-2.4%)

Key Takeaway

Homes in 30228 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 30228 was $321,000 in April 2024, down 2.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $177K$190K
+7.3%
3 $268K$265K
-1.1%
4 $336K$329.8K
-1.9%
5+ $430K$420K
-2.3%

Summary: 30228 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

30215
+8.3%
30238
+4.2%
30228
-2.4%
30253
-2.9%

Housing Supply in 30228, GA

How many homes are available in 30228, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
317353+11.4%

Summary: The 30228 real estate market had 353 homes for sale in April 2024, a 11.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 57
+40.0%
3 96110
+14.6%
4 133154
+15.8%
5+ 8180
-1.2%

Summary: The 30228 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 1.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5865+12.1%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30228, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 30228 in April 2024, up by 12.1% month-over-month. Of the 55 sold homes, 49% were sold under asking, 24% were sold at asking, and 27% were sold over asking.

Days on Market for 30228, GA

How long does it take to sell a home in 30228, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days51 Days+9.2%

Summary: Homes in 30228 had an average of 51 days on market in Apr 2024, up by 9.2% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30228 has remained consistent over time.

Summary: During April 2024, 65 homes were sold in 30228; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 9 Days Ago

Newest Listings in 30228, GA

Nearby Markets to 30228, GA