Is 30240, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30240 has remained a Seller's Market.
Housing Prices in 30240, GA
How much do homes in 30240, GA cost?
Median Sold Price
$259,937
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 30240 was $259,937 in March 2024, up 8.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | - | N/A |
2 Bedrooms | $90K | $169.9K | +88.8% |
3 Bedrooms | $220K | $239.9K | +9.0% |
4 Bedrooms | $317K | $355K | +12.0% |
5+ Bedrooms | $375K | $399.9K | +6.7% |
Summary: 30240 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 increased by 88.8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 30240, GA
How many homes are available in 30240, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 114 | +9.6% |
Summary: The 30240 real estate market had 114 homes for sale in March 2024, a 9.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 14 | +100.0% |
3 Bedrooms | 53 | 52 | -1.9% |
4 Bedrooms | 33 | 37 | +12.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 30240 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 100%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 35 | +59.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 30240 in March 2024, up by 59.1% month-over-month. Of the 32 sold homes, 47% were sold under asking, 34% were sold at asking, and 19% were sold over asking.
Days on Market for 30240, GA
How long does it take to sell a home in 30240, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 40 Days | -8.6% |
Summary: Homes in 30240 had an average of 40 days on market in Mar 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in 30240; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.