Is 30306, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30306 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30306 has remained a Seller's Market.

Key Takeaway

30306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30306, GA

How much do homes in 30306, GA cost?

Median Sold Price

$765,833

$406/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$60,266(-7.3%)

Key Takeaway

Homes in 30306 have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in 30306 was $765,833 in April 2024, down 7.3% from last year, and the median price per square foot was $406.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $260K$280K
+7.7%
2 $430K$435K
+1.2%
3 $850K$825K
-2.9%
4 $1.1M$1.2M
+5.6%
5+ $1.7M$1.9M
+8.6%

Summary: 30306 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Zip Codes

30307
+14.3%
30324
+12.5%
30309
+6.1%
30306
-7.3%

Housing Supply in 30306, GA

How many homes are available in 30306, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
135162+20.0%

Summary: The 30306 real estate market had 162 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2632
+23.1%
2 2632
+23.1%
3 3234
+6.3%
4 2124
+14.3%
5+ 3040
+33.3%

Summary: The 30306 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2940+37.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30306, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 30306 in April 2024, up by 37.9% month-over-month. Of the 40 sold homes, 45% were sold under asking, 25% were sold at asking, and 30% were sold over asking.

Days on Market for 30306, GA

How long does it take to sell a home in 30306, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days34 Days+91.3%

Summary: Homes in 30306 had an average of 34 days on market in Apr 2024, up by 91.3% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30306 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 40 homes were sold in 30306; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 5% 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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