Is 30344, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30344 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30344 was a Seller's Market.

Key Takeaway

30344 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30344, GA

How much do homes in 30344, GA cost?

Median Sold Price

$290,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$400(+0.1%)

Key Takeaway

The sold price of homes in 30344 has remained the same since last year.

Summary: The median home sold price in 30344 was $290,000 in March 2024, up 0.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $115K$124.9K
+8.7%
2 $220K$227.5K
+3.4%
3 $292K$290K
-0.7%
4 $345K$354.7K
+2.8%
5+ $340K$422.5K
+24.3%

Summary: 30344 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 24.3%.

Median Sold Price Compared To Nearby Zip Codes

30354
+10.1%
30337
+1.7%
30344
0.1%
30349
-1.5%
30311
-8.7%

Housing Supply in 30344, GA

How many homes are available in 30344, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
218299+37.2%

Summary: The 30344 real estate market had 299 homes for sale in March 2024, a 37.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 4556
+24.4%
3 120177
+47.5%
4 4350
+16.3%
5+ 915
+66.7%

Summary: The 30344 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 24.4%, 3 bedroom homes increased by 47.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2533+32.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30344, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 30344 in March 2024, up by 32.0% month-over-month. Of the 32 sold homes, 59% were sold under asking, 16% were sold at asking, and 25% were sold over asking.

Days on Market for 30344, GA

How long does it take to sell a home in 30344, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days57 Days+23.6%

Summary: Homes in 30344 had an average of 57 days on market in Mar 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30344 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 33 homes were sold in 30344; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% 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 25 Days Ago

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