Is 30559, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30559 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30559 was a Seller's Market.

Key Takeaway

30559 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30559, GA

How much do homes in 30559, GA cost?

Median Sold Price

$568,000

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$47,000(-7.6%)

Key Takeaway

Homes in 30559 have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in 30559 was $568,000 in March 2024, down 7.6% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $194.9K$400K
+105.2%
2 $416K$405K
-2.6%
3 $648.7K$585K
-9.8%
4 $700K$1.0M
+42.9%
5+ $599K$886.3K
+48.0%

Summary: 30559 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.2%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 48%.

Median Sold Price Compared To Nearby Zip Codes

30560
+7.3%
30513
-4.0%
30559
-7.6%

Housing Supply in 30559, GA

How many homes are available in 30559, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
121142+17.4%

Summary: The 30559 real estate market had 142 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 24
+100.0%
2 1214
+16.7%
3 5865
+12.1%
4 4148
+17.1%
5+ 811
+37.5%

Summary: The 30559 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 increased by 16.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30559, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 30559 in March 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 30559, GA

How long does it take to sell a home in 30559, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days17 Days-58.9%

Summary: Homes in 30559 had an average of 17 days on market in Mar 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30559 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 30559; 100% of homes were sold within 30 days, 0% 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 27 Days Ago

Newest Listings in 30559, GA

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