Is 30305, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 30305 was a Seller's Market.
Key Takeaway
30305 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 30305, GA
How much do homes in 30305, GA cost?
Median Sold Price
$766,265
$360/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 30305 have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in 30305 was $766,265 in March 2024, up 17.5% from last year, and the median price per square foot was $360.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $245K | +2.1% |
| 2 Bedrooms | $399K | $500K | +25.3% |
| 3 Bedrooms | $799K | $880K | +10.1% |
| 4 Bedrooms | $1.3M | $1.3M | +3.8% |
| 5+ Bedrooms | $1.7M | $1.7M | -1.6% |
Summary: 30305 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in 30305, GA
How many homes are available in 30305, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 251 | 290 | +15.5% |
Summary: The 30305 real estate market had 290 homes for sale in March 2024, a 15.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 46 | 63 | +37.0% |
| 2 Bedrooms | 69 | 81 | +17.4% |
| 3 Bedrooms | 50 | 51 | +2.0% |
| 4 Bedrooms | 32 | 37 | +15.6% |
| 5+ Bedrooms | 54 | 58 | +7.4% |
Summary: The 30305 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 47 | -6.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30305, you may be able to get a good deal. 46.8% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 30305 in March 2024, down by 6.0% month-over-month. Of the 47 sold homes, 47% were sold under asking, 34% were sold at asking, and 19% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 37 Days | +11.4% |
Summary: Homes in 30305 had an average of 37 days on market in Mar 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30305 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 47 homes were sold in 30305; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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