Is 30281, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30281 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 30281 was a Seller's Market.

Key Takeaway

30281 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30281, GA

How much do homes in 30281, GA cost?

Median Sold Price

$299,996

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$6,103(-2.0%)

Key Takeaway

Homes in 30281 have sold for 2% less than they did a year ago.

Summary: The median home sold price in 30281 was $299,996 in February 2024, down 2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $125K-
N/A
2 $189K$210K
+11.1%
3 $275K$270K
-1.8%
4 $350K$349K
-0.3%
5+ $448.1K$429K
-4.3%

Summary: 30281 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

30294
-1.9%
30281
-2.0%
30273
-3.3%
30253
-3.5%
30236
-3.6%

Housing Supply in 30281, GA

How many homes are available in 30281, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
240274+14.2%

Summary: The 30281 real estate market had 274 homes for sale in February 2024, a 14.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 1111
0.0%
3 149167
+12.1%
4 4653
+15.2%
5+ 3442
+23.5%

Summary: The 30281 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
5243-17.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30281, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 30281 in February 2024, down by 17.3% month-over-month. Of the 34 sold homes, 38% were sold under asking, 32% were sold at asking, and 29% were sold over asking.

Days on Market for 30281, GA

How long does it take to sell a home in 30281, GA?

Average Sale Time

Feb 2023Feb 2024CHANGE
38 Days48 Days+24.8%

Summary: Homes in 30281 had an average of 48 days on market in Feb 2024, up by 24.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30281 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 43 homes were sold in 30281; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% 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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