Is 30314, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30314 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30314 was a Seller's Market.

Key Takeaway

30314 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30314, GA

How much do homes in 30314, GA cost?

Median Sold Price

$294,916

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$28,083(-8.7%)

Key Takeaway

Homes in 30314 have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in 30314 was $294,916 in March 2024, down 8.7% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $142.5K$145K
+1.8%
2 $180K$160K
-11.1%
3 $302.5K$294.5K
-2.6%
4 $390K$403.4K
+3.4%
5+ $399K$345K
-13.5%

Summary: 30314 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

30318
+6.3%
30303
+2.5%
30310
-0.2%
30313
-2.6%
30314
-8.7%

Housing Supply in 30314, GA

How many homes are available in 30314, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
160199+24.4%

Summary: The 30314 real estate market had 199 homes for sale in March 2024, a 24.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 59
+80.0%
2 2625
-3.8%
3 7488
+18.9%
4 4256
+33.3%
5+ 1321
+61.5%

Summary: The 30314 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 61.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23230.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30314, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 30314 in March 2024, the same as the previous month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 30314, GA

How long does it take to sell a home in 30314, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days44 Days-12.8%

Summary: Homes in 30314 had an average of 44 days on market in Mar 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

12 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 30314 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 23 homes were sold in 30314; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% 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 22 Days Ago

Newest Listings in 30314, GA

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