Is 30557, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30557 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30557 has remained a Seller's Market.

Key Takeaway

30557 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30557, GA

How much do homes in 30557, GA cost?

Median Sold Price

$327,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,600(+14.2%)

Key Takeaway

Homes in 30557 have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in 30557 was $327,500 in April 2024, up 14.2% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $185K$157.5K
-14.9%
2 $150.9K$145K
-3.9%
3 $302.4K$327.5K
+8.3%
4 $421K$701.2K
+66.6%
5+ -$1.0M
N/A

Summary: 30557 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 66.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30538
+30.2%
30557
+14.2%
30577
+7.2%
30553
+0.9%
29693
-11.7%

Housing Supply in 30557, GA

How many homes are available in 30557, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2831+10.7%

Summary: The 30557 real estate market had 31 homes for sale in April 2024, a 10.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 1315
+15.4%
4 811
+37.5%
5+ 32
-33.3%

Summary: The 30557 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
214+600.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30557, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 30557 in April 2024, up by 600.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for 30557, GA

How long does it take to sell a home in 30557, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days66 Days+177.4%

Summary: Homes in 30557 had an average of 66 days on market in Apr 2024, up by 177.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30557 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in 30557; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 36% 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 9 Days Ago

Newest Listings in 30557, GA

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