Is 30251, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30251 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30251 has remained a Seller's Market.

Key Takeaway

30251 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30251, GA

How much do homes in 30251, GA cost?

Median Sold Price

$276,490

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$33,500(-10.8%)

Key Takeaway

Homes in 30251 have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in 30251 was $276,490 in March 2024, down 10.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$344K
N/A
2 $388K$250K
-35.6%
3 $297.5K$289.9K
-2.6%
4 $305K$268.9K
-11.8%
5+ $340K$279.9K
-17.6%

Summary: 30251 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 decreased by 35.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

30276
+9.2%
30222
+7.6%
30251
-10.8%

Housing Supply in 30251, GA

How many homes are available in 30251, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1715-11.8%

Summary: The 30251 real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 88
0.0%
5+ 11
0.0%

Summary: The 30251 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 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 30251, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 30251 in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 30251, GA

How long does it take to sell a home in 30251, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
91 Days51 Days-43.4%

Summary: Homes in 30251 had an average of 51 days on market in Mar 2024, down by 43.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 30251 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 30251; 75% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in 30251, GA

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