Is 30311, 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, 30311 was a Seller's Market.
Key Takeaway
30311 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 30311, GA
How much do homes in 30311, GA cost?
Median Sold Price
$267,300
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 30311 have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in 30311 was $267,300 in March 2024, down 8.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | $207K | $170K | -17.9% |
| 3 Bedrooms | $277.9K | $275K | -1.1% |
| 4 Bedrooms | $395K | $382.5K | -3.2% |
| 5+ Bedrooms | $460K | $515K | +12.0% |
Summary: 30311 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 12%.
Housing Supply in 30311, GA
How many homes are available in 30311, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 143 | 180 | +25.9% |
Summary: The 30311 real estate market had 180 homes for sale in March 2024, a 25.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 84 | 96 | +14.3% |
| 4 Bedrooms | 23 | 41 | +78.3% |
| 5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The 30311 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 78.3%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30311, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 30311 in March 2024, down by 33.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 30311, GA
How long does it take to sell a home in 30311, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 67 Days | +92.6% |
Summary: Homes in 30311 had an average of 67 days on market in Mar 2024, up by 92.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 30311 has remained consistent over time.
Summary: During March 2024, 14 homes were sold in 30311; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.