Is 30547, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30547 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30547 has remained a Seller's Market.

Key Takeaway

30547 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30547, GA

How much do homes in 30547, GA cost?

Median Sold Price

$344,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,900(-3.1%)

Key Takeaway

Homes in 30547 have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in 30547 was $344,000 in March 2024, down 3.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $450K$60.5K
-86.6%
2 $176.8K$305K
+72.4%
3 $335K$336K
0.3%
4 $392.4K$343.9K
-12.4%
5+ $399.2K$560K
+40.3%

Summary: 30547 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.6%, 2 bedroom homes increased by 72.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 40.3%.

Median Sold Price Compared To Nearby Zip Codes

30558
+11.4%
30529
+8.6%
30547
-3.1%
30510
-7.6%

Housing Supply in 30547, GA

How many homes are available in 30547, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2627+3.8%

Summary: The 30547 real estate market had 27 homes for sale in March 2024, a 3.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 42
-50.0%
3 1012
+20.0%
4 1111
0.0%
5+ 11
0.0%

Summary: The 30547 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30547, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 30547 in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.

Days on Market for 30547, GA

How long does it take to sell a home in 30547, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
82 Days64 Days-22.0%

Summary: Homes in 30547 had an average of 64 days on market in Mar 2024, down by 22% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30547 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in 30547; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% 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 30 Days Ago

Newest Listings in 30547, GA

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