Is 30518, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30518 has remained a Seller's Market.
Key Takeaway
30518 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30518, GA
How much do homes in 30518, GA cost?
Median Sold Price
$465,622
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 30518 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 30518 was $465,622 in March 2024, up 4.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $141K | -9.6% |
| 2 Bedrooms | $297.5K | $325K | +9.2% |
| 3 Bedrooms | $370K | $375K | +1.4% |
| 4 Bedrooms | $460K | $470K | +2.2% |
| 5+ Bedrooms | $602.7K | $662.5K | +9.9% |
Summary: 30518 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in 30518, GA
How many homes are available in 30518, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 221 | 259 | +17.2% |
Summary: The 30518 real estate market had 259 homes for sale in March 2024, a 17.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 63 | 77 | +22.2% |
| 4 Bedrooms | 83 | 94 | +13.3% |
| 5+ Bedrooms | 72 | 82 | +13.9% |
Summary: The 30518 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 13.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 57 | +5.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30518, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in 30518 in March 2024, up by 5.6% month-over-month. Of the 54 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.
Days on Market for 30518, GA
How long does it take to sell a home in 30518, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 44 Days | -11.5% |
Summary: Homes in 30518 had an average of 44 days on market in Mar 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30518 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 57 homes were sold in 30518; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.