Is 30507, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 30507 was a Seller's Market.
Housing Prices in 30507, GA
How much do homes in 30507, GA cost?
Median Sold Price
$324,900
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 30507 was $324,900 in February 2024, down 1.5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | - | N/A |
2 Bedrooms | $178K | $189K | +6.2% |
3 Bedrooms | $289.9K | $314.9K | +8.6% |
4 Bedrooms | $373K | $385K | +3.2% |
5+ Bedrooms | $410K | $530K | +29.3% |
Summary: 30507 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 29.3%.
Housing Supply in 30507, GA
How many homes are available in 30507, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
51 | 59 | +15.7% |
Summary: The 30507 real estate market had 59 homes for sale in February 2024, a 15.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 32 | 38 | +18.8% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 30507 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 30507 in February 2024, down by 22.2% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 30507, GA
How long does it take to sell a home in 30507, GA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 24 Days | -37.9% |
Summary: Homes in 30507 had an average of 24 days on market in Feb 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in 30507; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.