Is 30427, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30427 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30427 has remained a Seller's Market.

Key Takeaway

30427 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30427, GA

How much do homes in 30427, GA cost?

Median Sold Price

$219,950

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,950(+10.0%)

Key Takeaway

Homes in 30427 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 30427 was $219,950 in April 2024, up 10% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$112.5K
N/A
2 $40K$125K
+212.5%
3 $189K$195.5K
+3.4%
4 $230.4K$277.5K
+20.4%
5+ $200K$230K
+15.0%

Summary: 30427 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 increased by 212.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Zip Codes

30427
+10.0%
31316
+1.4%
31545
-7.6%

Housing Supply in 30427, GA

How many homes are available in 30427, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16160.0%

Summary: The 30427 real estate market had 16 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 97
-22.2%
5+ 22
0.0%

Summary: The 30427 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30427, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 30427 in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for 30427, GA

How long does it take to sell a home in 30427, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days62 Days+203.4%

Summary: Homes in 30427 had an average of 62 days on market in Apr 2024, up by 203.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30427 has remained consistent over time.

Summary: During April 2024, 7 homes were sold in 30427; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in 30427, GA

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