Is 30511, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30511 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30511 was a Seller's Market.

Key Takeaway

30511 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30511, GA

How much do homes in 30511, GA cost?

Median Sold Price

$265,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$50,000(-15.9%)

Key Takeaway

Homes in 30511 have sold for 15.9% less than they did a year ago.

Summary: The median home sold price in 30511 was $265,000 in April 2024, down 15.9% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $195K$225K
+15.4%
3 $315.2K$260K
-17.5%
4 -$467K
N/A
5+ $450.5K$345K
-23.4%

Summary: 30511 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 15.4%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 23.4%.

Median Sold Price Compared To Nearby Zip Codes

30563
+22.0%
30531
+12.0%
30547
-3.7%
30510
-7.6%
30511
-15.9%

Housing Supply in 30511, GA

How many homes are available in 30511, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1014+40.0%

Summary: The 30511 real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 55
0.0%
4 03
+100.0%
5+ 12
+100.0%

Summary: The 30511 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30511, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 30511 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 30511, GA

How long does it take to sell a home in 30511, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days45 Days+246.2%

Summary: Homes in 30511 had an average of 45 days on market in Apr 2024, up by 246.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30511 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 30511; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 30511, GA

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