Is 30318, 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, 30318 was a Seller's Market.
Key Takeaway
30318 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 30318, GA
How much do homes in 30318, GA cost?
Median Sold Price
$430,567
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 30318 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 30318 was $430,567 in March 2024, up 6.3% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $187.5K | -3.8% |
| 2 Bedrooms | $356K | $380K | +6.7% |
| 3 Bedrooms | $390K | $420.9K | +7.9% |
| 4 Bedrooms | $574K | $595K | +3.7% |
| 5+ Bedrooms | $667.4K | $631.3K | -5.4% |
Summary: 30318 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in 30318, GA
How many homes are available in 30318, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 375 | 418 | +11.5% |
Summary: The 30318 real estate market had 418 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 65 | 70 | +7.7% |
| 3 Bedrooms | 181 | 211 | +16.6% |
| 4 Bedrooms | 78 | 87 | +11.5% |
| 5+ Bedrooms | 39 | 37 | -5.1% |
Summary: The 30318 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 5.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 86 | 69 | -19.8% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30318, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in 30318 in March 2024, down by 19.8% month-over-month. Of the 62 sold homes, 52% were sold under asking, 27% were sold at asking, and 21% were sold over asking.
Days on Market for 30318, GA
How long does it take to sell a home in 30318, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 34 Days | -17.3% |
Summary: Homes in 30318 had an average of 34 days on market in Mar 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30318 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 69 homes were sold in 30318; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% 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.