Is 30520, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30520 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30520 was a Buyer's Market.

Key Takeaway

30520 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30520, GA

How much do homes in 30520, GA cost?

Median Sold Price

$229,450

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,550(+2.0%)

Key Takeaway

Homes in 30520 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 30520 was $229,450 in April 2024, up 2% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $215K$248K
+15.3%
3 $224.9K$209K
-7.1%
4 $200K$310K
+55.0%
5+ $720K$485K
-32.6%

Summary: 30520 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 15.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 55%, and 5+ bedroom homes decreased by 32.6%.

Median Sold Price Compared To Nearby Zip Codes

30662
+14.9%
30520
+2.0%
30553
+0.9%
30643
-5.5%

Housing Supply in 30520, GA

How many homes are available in 30520, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1210-16.7%

Summary: The 30520 real estate market had 10 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 96
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The 30520 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30520, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 30520 in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 30520, GA

How long does it take to sell a home in 30520, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days65 Days+112.1%

Summary: Homes in 30520 had an average of 65 days on market in Apr 2024, up by 112.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30520 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 30520; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in 30520, GA

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