Is 30307, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30307 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30307 has remained a Seller's Market.

Key Takeaway

30307 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30307, GA

How much do homes in 30307, GA cost?

Median Sold Price

$706,875

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$81,875(+13.1%)

Key Takeaway

Homes in 30307 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 30307 was $706,875 in March 2024, up 13.1% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $325K$340K
+4.6%
2 $430.2K$455K
+5.8%
3 $620.2K$685K
+10.4%
4 $887K$1.0M
+19.8%
5+ $1.1M$1.2M
+13.8%

Summary: 30307 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

30307
+13.1%
30317
+6.4%
30030
+4.5%
30306
-3.7%

Housing Supply in 30307, GA

How many homes are available in 30307, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
113149+31.9%

Summary: The 30307 real estate market had 149 homes for sale in March 2024, a 31.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1317
+30.8%
2 1318
+38.5%
3 3747
+27.0%
4 3247
+46.9%
5+ 1820
+11.1%

Summary: The 30307 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1737+117.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30307, you could pay more than the asking price. 48.6% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 30307 in March 2024, up by 117.6% month-over-month. Of the 37 sold homes, 35% were sold under asking, 16% were sold at asking, and 49% were sold over asking.

Days on Market for 30307, GA

How long does it take to sell a home in 30307, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days35 Days+24.4%

Summary: Homes in 30307 had an average of 35 days on market in Mar 2024, up by 24.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30307 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 37 homes were sold in 30307; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% 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 29 Days Ago

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