Is 30622, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30622 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 30622 has remained a Seller's Market.

Key Takeaway

30622 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30622, GA

How much do homes in 30622, GA cost?

Median Sold Price

$425,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$12,833(-2.9%)

Key Takeaway

Homes in 30622 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 30622 was $425,000 in February 2024, down 2.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $500K-
N/A
2 $223K$230K
+3.1%
3 $320K$380K
+18.8%
4 $475K$458.4K
-3.5%
5+ $730K$764.5K
+4.7%

Summary: 30622 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

30621
+20.7%
30666
+9.5%
30606
+7.3%
30607
+3.1%
30622
-2.9%

Housing Supply in 30622, GA

How many homes are available in 30622, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7073+4.3%

Summary: The 30622 real estate market had 73 homes for sale in February 2024, a 4.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1721
+23.5%
4 3433
-2.9%
5+ 1917
-10.5%

Summary: The 30622 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1320+53.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30622, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 30622 in February 2024, up by 53.8% month-over-month. Of the 19 sold homes, 53% were sold under asking, 11% were sold at asking, and 37% were sold over asking.

Days on Market for 30622, GA

How long does it take to sell a home in 30622, GA?

Average Sale Time

Feb 2023Feb 2024CHANGE
80 Days27 Days-65.9%

Summary: Homes in 30622 had an average of 27 days on market in Feb 2024, down by 65.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30622 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 20 homes were sold in 30622; 75% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

Newest Listings in 30622, GA

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