Is 30401, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30401 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30401 has remained a Seller's Market.

Key Takeaway

30401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30401, GA

How much do homes in 30401, GA cost?

Median Sold Price

$170,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+6.3%)

Key Takeaway

Homes in 30401 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 30401 was $170,000 in April 2024, up 6.3% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$100K
N/A
2 $119K$102.7K
-13.7%
3 $148K$169K
+14.2%
4 $225K$221.7K
-1.4%
5+ $90K$251K
+178.9%

Summary: 30401 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 178.9%.

Housing Supply in 30401, GA

How many homes are available in 30401, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2426+8.3%

Summary: The 30401 real estate market had 26 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 1818
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The 30401 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30401, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 30401 in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 30401, GA

How long does it take to sell a home in 30401, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
108 Days61 Days-43.3%

Summary: Homes in 30401 had an average of 61 days on market in Apr 2024, down by 43.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30401 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 30401; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

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