Is 30327, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30327 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30327 was a Seller's Market.

Key Takeaway

30327 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 30327, GA

How much do homes in 30327, GA cost?

Median Sold Price

$1,258,666

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$150,416(+13.6%)

Key Takeaway

Homes in 30327 have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in 30327 was $1,258,666 in March 2024, up 13.6% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $220K$220K
0.0%
2 $300.5K$313K
+4.2%
3 $650K$696.5K
+7.2%
4 $1.2M$1.2M
+3.9%
5+ $2.0M$2.3M
+18.5%

Summary: 30327 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

30305
+17.5%
30327
+13.6%
30318
+6.3%
30339
+5.2%
30342
+4.9%

Housing Supply in 30327, GA

How many homes are available in 30327, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
224251+12.1%

Summary: The 30327 real estate market had 251 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 712
+71.4%
2 2734
+25.9%
3 3135
+12.9%
4 4041
+2.5%
5+ 119129
+8.4%

Summary: The 30327 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3338+15.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30327, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 30327 in March 2024, up by 15.2% month-over-month. Of the 35 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.

Days on Market for 30327, GA

How long does it take to sell a home in 30327, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
33 Days35 Days+5.1%

Summary: Homes in 30327 had an average of 35 days on market in Mar 2024, up by 5.1% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30327 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 38 homes were sold in 30327; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% 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 27 Days Ago

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