Is 30538, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30538 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30538 was a Buyer's Market.

Key Takeaway

30538 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30538, GA

How much do homes in 30538, GA cost?

Median Sold Price

$279,900

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$59,900(+27.2%)

Key Takeaway

Homes in 30538 have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in 30538 was $279,900 in March 2024, up 27.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$34K
N/A
2 $215K$497K
+131.2%
3 $233.5K$269.9K
+15.6%
4 $205K$284.9K
+39.0%
5+ $300K-
N/A

Summary: 30538 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 131.2%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 39%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30538
+27.2%
30577
+5.9%
30557
-3.5%

Housing Supply in 30538, GA

How many homes are available in 30538, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1214+16.7%

Summary: The 30538 real estate market had 14 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 910
+11.1%
4 22
0.0%
5+ 00
0.0%

Summary: The 30538 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30538, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 30538 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 30538, GA

How long does it take to sell a home in 30538, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days28 Days-59.7%

Summary: Homes in 30538 had an average of 28 days on market in Mar 2024, down by 59.7% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in 30538 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 30538; 80% of homes were sold within 30 days, 20% 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 25 Days Ago

Newest Listings in 30538, GA

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