Is 30297, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30297 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30297 has remained a Seller's Market.

Key Takeaway

30297 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30297, GA

How much do homes in 30297, GA cost?

Median Sold Price

$200,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+5.3%)

Key Takeaway

Homes in 30297 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 30297 was $200,000 in April 2024, up 5.3% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $60K-
N/A
2 $160K$160K
0.0%
3 $185K$196.4K
+6.2%
4 $225K$237.2K
+5.4%
5+ $259.9K$298.5K
+14.8%

Summary: 30297 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 did not change, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Zip Codes

30297
+5.3%
30354
+3.4%
30260
+1.3%
30236
-0.5%
30288
-11.5%

Housing Supply in 30297, GA

How many homes are available in 30297, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
94106+12.8%

Summary: The 30297 real estate market had 106 homes for sale in April 2024, a 12.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1516
+6.7%
3 5562
+12.7%
4 1517
+13.3%
5+ 911
+22.2%

Summary: The 30297 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 6.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2225+13.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30297, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 30297 in April 2024, up by 13.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for 30297, GA

How long does it take to sell a home in 30297, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days22 Days+63.2%

Summary: Homes in 30297 had an average of 22 days on market in Apr 2024, up by 63.2% compared to last year.

Breakdown of Home Sale Times

21 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 30297 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 25 homes were sold in 30297; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% 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 1 Day Ago

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