Is 30501, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30501 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30501 has remained a Seller's Market.

Key Takeaway

30501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30501, GA

How much do homes in 30501, GA cost?

Median Sold Price

$346,666

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,666(+2.3%)

Key Takeaway

Homes in 30501 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 30501 was $346,666 in April 2024, up 2.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$180K
N/A
2 $235K$241.5K
+2.8%
3 $304K$320K
+5.3%
4 $375K$479.3K
+27.8%
5+ $515K$525K
+1.9%

Summary: 30501 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 2.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

30504
+8.1%
30554
+3.2%
30501
+2.3%
30506
+1.0%
30507
-0.6%

Housing Supply in 30501, GA

How many homes are available in 30501, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101131+29.7%

Summary: The 30501 real estate market had 131 homes for sale in April 2024, a 29.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 1516
+6.7%
3 3557
+62.9%
4 3234
+6.3%
5+ 1822
+22.2%

Summary: The 30501 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 62.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1027+170.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30501, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 30501 in April 2024, up by 170.0% month-over-month. Of the 26 sold homes, 65% were sold under asking, 15% were sold at asking, and 19% were sold over asking.

Days on Market for 30501, GA

How long does it take to sell a home in 30501, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days62 Days+141.6%

Summary: Homes in 30501 had an average of 62 days on market in Apr 2024, up by 141.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30501 has remained consistent over time.

Summary: During April 2024, 27 homes were sold in 30501; 41% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 15% 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 6 Days Ago

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