Is 30312, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30312 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30312 was a Seller's Market.

Key Takeaway

30312 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 30312, GA

How much do homes in 30312, GA cost?

Median Sold Price

$515,000

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+8.4%)

Key Takeaway

Homes in 30312 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 30312 was $515,000 in April 2024, up 8.4% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $289.9K$319.6K
+10.2%
2 $435K$425K
-2.3%
3 $580.5K$635K
+9.4%
4 $900K$950K
+5.6%
5+ $1.0M$977.7K
-7.8%

Summary: 30312 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

30307
+14.3%
30308
+9.0%
30312
+8.4%
30303
+1.9%

Housing Supply in 30312, GA

How many homes are available in 30312, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
166194+16.9%

Summary: The 30312 real estate market had 194 homes for sale in April 2024, a 16.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2830
+7.1%
2 6976
+10.1%
3 3849
+28.9%
4 2028
+40.0%
5+ 1111
0.0%

Summary: The 30312 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4031-22.5%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30312, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 30312 in April 2024, down by 22.5% month-over-month. Of the 30 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.

Days on Market for 30312, GA

How long does it take to sell a home in 30312, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days27 Days+32.7%

Summary: Homes in 30312 had an average of 27 days on market in Apr 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30312 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 31 homes were sold in 30312; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 9 Days Ago

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