Is 30305, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30305 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 30305 was a Seller's Market.

Key Takeaway

30305 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30305, GA

How much do homes in 30305, GA cost?

Median Sold Price

$846,000

$371/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$162,333(+23.7%)

Key Takeaway

Homes in 30305 have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in 30305 was $846,000 in September 2024, up 23.7% from last year, and the median price per square foot was $371.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $265K$243K
-8.3%
2 $438K$490K
+11.9%
3 $820K$865K
+5.5%
4 $1.4M$1.3M
-3.6%
5+ $1.6M$1.7M
+5.2%

Summary: 30305 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

30324
+28.7%
30305
+23.7%
30327
+6.7%
30309
+4.0%
30326
-2.4%

Housing Supply in 30305, GA

How many homes are available in 30305, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
307351+14.3%

Summary: The 30305 real estate market had 351 homes for sale in September 2024, a 14.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 7176
+7.0%
2 8498
+16.7%
3 6578
+20.0%
4 4043
+7.5%
5+ 4756
+19.1%

Summary: The 30305 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 19.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4348+11.6%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30305, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 30305 in September 2024, up by 11.6% month-over-month. Of the 46 sold homes, 78% were sold under asking, 15% were sold at asking, and 7% were sold over asking.

Days on Market for 30305, GA

How long does it take to sell a home in 30305, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
48 Days53 Days+9.4%

Summary: Homes in 30305 had an average of 53 days on market in Sep 2024, up by 9.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30305 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 48 homes were sold in 30305; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% 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 30 Days Ago

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