Is 30601, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30601 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30601 has remained a Seller's Market.

Key Takeaway

30601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30601, GA

How much do homes in 30601, GA cost?

Median Sold Price

$308,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,000(+5.5%)

Key Takeaway

Homes in 30601 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 30601 was $308,000 in March 2024, up 5.5% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $270K$312.5K
+15.7%
2 $299.9K$251.5K
-16.1%
3 $282.5K$299.7K
+6.1%
4 $323.5K$358K
+10.7%
5+ $443K$550K
+24.2%

Summary: 30601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 24.2%.

Median Sold Price Compared To Nearby Zip Codes

30565
+9.4%
30605
+8.1%
30606
+8.0%
30601
+5.5%
30607
+1.9%

Housing Supply in 30601, GA

How many homes are available in 30601, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9587-8.4%

Summary: The 30601 real estate market had 87 homes for sale in March 2024, a 8.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 86
-25.0%
2 2932
+10.3%
3 3829
-23.7%
4 1618
+12.5%
5+ 42
-50.0%

Summary: The 30601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1930+57.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30601, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 30601 in March 2024, up by 57.9% month-over-month. Of the 28 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.

Days on Market for 30601, GA

How long does it take to sell a home in 30601, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days15 Days-68.9%

Summary: Homes in 30601 had an average of 15 days on market in Mar 2024, down by 68.9% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30601 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 30 homes were sold in 30601; 90% of homes were sold within 30 days, 10% 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 24 Days Ago

Newest Listings in 30601, GA

Nearby Markets to 30601, GA