Is 30512, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30512 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30512 was a Seller's Market.

Key Takeaway

30512 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30512, GA

How much do homes in 30512, GA cost?

Median Sold Price

$400,750

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,570(+9.4%)

Key Takeaway

Homes in 30512 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 30512 was $400,750 in March 2024, up 9.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145K$190K
+31.0%
2 $290K$295.5K
+1.9%
3 $389K$435.9K
+12.1%
4 $539.9K$575K
+6.5%
5+ $635K$697K
+9.8%

Summary: 30512 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Zip Codes

30572
+33.0%
30512
+9.4%
30560
+7.3%
30582
-1.0%

Housing Supply in 30512, GA

How many homes are available in 30512, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
256318+24.2%

Summary: The 30512 real estate market had 318 homes for sale in March 2024, a 24.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2128
+33.3%
2 5475
+38.9%
3 117137
+17.1%
4 4655
+19.6%
5+ 1823
+27.8%

Summary: The 30512 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 27.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30512, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 30512 in March 2024, up by 13.0% month-over-month. Of the 21 sold homes, 86% were sold under asking, 10% were sold at asking, and 5% were sold over asking.

Days on Market for 30512, GA

How long does it take to sell a home in 30512, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days44 Days-35.3%

Summary: Homes in 30512 had an average of 44 days on market in Mar 2024, down by 35.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30512 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 26 homes were sold in 30512; 42% of homes were sold within 30 days, 42% 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 23 Days Ago

Newest Listings in 30512, GA

Nearby Markets to 30512, GA