Is 30316, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 30316 has remained a Seller's Market.
Key Takeaway
30316 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30316, GA
How much do homes in 30316, GA cost?
Median Sold Price
$449,928
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 30316 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $343K | +14.3% |
| 2 Bedrooms | $395K | $402.5K | +1.9% |
| 3 Bedrooms | $450K | $427.5K | -5.0% |
| 4 Bedrooms | $575K | $607K | +5.6% |
| 5+ Bedrooms | $675K | $684K | +1.3% |
Summary: 30316 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in 30316, GA
How many homes are available in 30316, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 309 | 359 | +16.2% |
Summary: The 30316 real estate market had 359 homes for sale in April 2024, a 16.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 13 | 0.0% |
| 2 Bedrooms | 58 | 61 | +5.2% |
| 3 Bedrooms | 139 | 173 | +24.5% |
| 4 Bedrooms | 82 | 91 | +11.0% |
| 5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The 30316 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 62 | -15.1% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30316, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in 30316 in April 2024, down by 15.1% month-over-month. Of the 60 sold homes, 42% were sold under asking, 35% were sold at asking, and 23% were sold over asking.
Days on Market for 30316, GA
How long does it take to sell a home in 30316, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +53.1% |
Summary: Homes in 30316 had an average of 28 days on market in Apr 2024, up by 53.1% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30316 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 62 homes were sold in 30316; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% 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.