Is 30288, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30288 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30288 has remained a Seller's Market.

Key Takeaway

30288 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30288, GA

How much do homes in 30288, GA cost?

Median Sold Price

$221,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$38,900(-15.0%)

Key Takeaway

Homes in 30288 have sold for 15% less than they did a year ago.

Summary: The median home sold price in 30288 was $221,000 in March 2024, down 15% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $68.5K$75K
+9.5%
3 $212K$207.7K
-2.0%
4 $300K$275K
-8.3%
5+ $430K$377.1K
-12.3%

Summary: 30288 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 9.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

30354
+10.1%
30297
+2.6%
30260
+2.1%
30294
-1.6%
30288
-15.0%

Housing Supply in 30288, GA

How many homes are available in 30288, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5345-15.1%

Summary: The 30288 real estate market had 45 homes for sale in March 2024, a 15.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2625
-3.8%
4 2214
-36.4%
5+ 23
+50.0%

Summary: The 30288 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 3.8%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30288, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 30288 in March 2024, down by 33.3% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for 30288, GA

How long does it take to sell a home in 30288, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
16 Days37 Days+118.6%

Summary: Homes in 30288 had an average of 37 days on market in Mar 2024, up by 118.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30288 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 10 homes were sold in 30288; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 23 Days Ago

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