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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30281 is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

30281 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30281, GA

How much do homes in 30281, GA cost?

Median Sold Price

$299,900

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,451(-1.8%)

Key Takeaway

Homes in 30281 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 30281 was $299,900 in March 2024, down 1.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $189K$209K
+10.6%
3 $275K$274.3K
-0.3%
4 $349.7K$341.5K
-2.4%
5+ $440K$430K
-2.3%

Summary: 30281 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 10.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

30294
-1.6%
30236
-1.6%
30281
-1.8%
30273
-2.7%
30253
-4.8%

Housing Supply in 30281, GA

How many homes are available in 30281, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
252314+24.6%

Summary: The 30281 real estate market had 314 homes for sale in March 2024, a 24.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1018
+80.0%
3 158172
+8.9%
4 4669
+50.0%
5+ 3754
+45.9%

Summary: The 30281 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 80%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 45.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42420.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30281, you could pay more than the asking price. 35.1% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 30281 in March 2024, the same as the previous month. Of the 37 sold homes, 32% were sold under asking, 32% were sold at asking, and 35% 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

Mar 2023Mar 2024CHANGE
44 Days43 Days-0.3%

Summary: Homes in 30281 had an average of 43 days on market in Mar 2024, down by 0.3% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 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 March 2024, 42 homes were sold in 30281; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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