Is 30324, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30324 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30324 has remained a Seller's Market.

Key Takeaway

30324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30324, GA

How much do homes in 30324, GA cost?

Median Sold Price

$499,980

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$33,688(+7.2%)

Key Takeaway

Homes in 30324 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 30324 was $499,980 in March 2024, up 7.2% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $206K$218.7K
+6.2%
2 $305K$315K
+3.3%
3 $588.1K$575.1K
-2.2%
4 $801K$782.7K
-2.3%
5+ $1.4M$1.3M
-4.2%

Summary: 30324 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

30305
+17.5%
30324
+7.2%
30309
+6.7%
30329
-2.9%
30306
-3.7%

Housing Supply in 30324, GA

How many homes are available in 30324, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
216218+0.9%

Summary: The 30324 real estate market had 218 homes for sale in March 2024, a 0.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2626
0.0%
2 5363
+18.9%
3 7059
-15.7%
4 2929
0.0%
5+ 3841
+7.9%

Summary: The 30324 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 18.9%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4150+22.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30324, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in 30324 in March 2024, up by 22.0% month-over-month. Of the 50 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for 30324, GA

How long does it take to sell a home in 30324, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days31 Days-17.4%

Summary: Homes in 30324 had an average of 31 days on market in Mar 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30324 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 50 homes were sold in 30324; 62% of homes were sold within 30 days, 32% 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 23 Days Ago

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