Is 30241, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30241 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 30241 has remained a Seller's Market.

Key Takeaway

30241 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30241, GA

How much do homes in 30241, GA cost?

Median Sold Price

$258,266

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$33,266(+14.8%)

Key Takeaway

Homes in 30241 have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in 30241 was $258,266 in February 2024, up 14.8% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $57K$45K
-21.1%
2 $91.5K$118K
+29.0%
3 $187.5K$216.4K
+15.4%
4 $327K$349.9K
+7.0%
5+ $378.4K$401.9K
+6.2%

Summary: 30241 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Zip Codes

30241
+14.8%
30240
+8.3%
31833
+8.2%
30230
-7.3%
31822
-12.3%

Housing Supply in 30241, GA

How many homes are available in 30241, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8996+7.9%

Summary: The 30241 real estate market had 96 homes for sale in February 2024, a 7.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 3638
+5.6%
4 3233
+3.1%
5+ 1316
+23.1%

Summary: The 30241 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 increased by 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
20200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30241, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 30241 in February 2024, the same as the previous month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.

Days on Market for 30241, GA

How long does it take to sell a home in 30241, GA?

Average Sale Time

Feb 2023Feb 2024CHANGE
26 Days70 Days+171.9%

Summary: Homes in 30241 had an average of 70 days on market in Feb 2024, up by 171.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30241 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 20 homes were sold in 30241; 55% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 25% 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

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