Is 30296, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30296 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30296 has remained a Seller's Market.

Key Takeaway

30296 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30296, GA

How much do homes in 30296, GA cost?

Median Sold Price

$250,666

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,333(-0.9%)

Key Takeaway

Homes in 30296 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 30296 was $250,666 in April 2024, down 0.9% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $95K-
N/A
2 $168.5K$195K
+15.7%
3 $240K$238.5K
-0.6%
4 $285K$280K
-1.8%
5+ $319K$315K
-1.3%

Summary: 30296 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

30238
+4.2%
30274
+3.3%
30213
+2.7%
30349
-0.4%
30296
-0.9%

Housing Supply in 30296, GA

How many homes are available in 30296, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
113142+25.7%

Summary: The 30296 real estate market had 142 homes for sale in April 2024, a 25.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 6172
+18.0%
4 4257
+35.7%
5+ 99
0.0%

Summary: The 30296 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2327+17.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30296, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 30296 in April 2024, up by 17.4% month-over-month. Of the 24 sold homes, 63% were sold under asking, 17% were sold at asking, and 21% were sold over asking.

Days on Market for 30296, GA

How long does it take to sell a home in 30296, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days59 Days+111.2%

Summary: Homes in 30296 had an average of 59 days on market in Apr 2024, up by 111.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30296 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 30296; 44% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 26% 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 3 Days Ago

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