Is 30548, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30548 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30548 has remained a Seller's Market.

Key Takeaway

30548 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30548, GA

How much do homes in 30548, GA cost?

Median Sold Price

$468,336

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$36,415(-7.2%)

Key Takeaway

Homes in 30548 have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in 30548 was $468,336 in March 2024, down 7.2% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $437.5K$450K
+2.9%
3 $390.6K$399.9K
+2.4%
4 $460K$454K
-1.3%
5+ $589.9K$595.8K
+1.0%

Summary: 30548 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 2.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Zip Codes

30011
+14.2%
30517
+6.4%
30680
+0.6%
30567
-3.4%
30548
-7.2%

Housing Supply in 30548, GA

How many homes are available in 30548, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
244264+8.2%

Summary: The 30548 real estate market had 264 homes for sale in March 2024, a 8.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1714
-17.6%
3 5666
+17.9%
4 107112
+4.7%
5+ 6472
+12.5%

Summary: The 30548 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 decreased by 17.6%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5668+21.4%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30548, expect to pay close to the asking price. 44.8% of homes here sold near the asking price last month.

Summary: A total of 68 homes were sold or pending in 30548 in March 2024, up by 21.4% month-over-month. Of the 67 sold homes, 37% were sold under asking, 45% were sold at asking, and 18% were sold over asking.

Days on Market for 30548, GA

How long does it take to sell a home in 30548, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days36 Days+7.5%

Summary: Homes in 30548 had an average of 36 days on market in Mar 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30548 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 68 homes were sold in 30548; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% 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 24 Days Ago

Newest Listings in 30548, GA

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