Is 30631, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30631 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 30631 was a Neutral Market.

Key Takeaway

30631 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30631, GA

How much do homes in 30631, GA cost?

Median Sold Price

$139,900

$89/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$140,100(-50.0%)

Key Takeaway

Homes in 30631 have sold for 50% less than they did a month ago.

Summary: The median home sold price in 30631 was $139,900 in April 2024, down 50% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$139.9K
-50.0%
4 --
N/A
5+ --
N/A

Summary: 30631 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30631
-50.0%
30678
-88.6%

Housing Supply in 30631, GA

How many homes are available in 30631, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The 30631 real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 30631 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30631, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 30631 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 30631, GA

How long does it take to sell a home in 30631, GA?

Average Sale Time

Mar 2024Apr 2024CHANGE
191 Days140 Days-26.4%

Summary: Homes in 30631 had an average of 140 days on market in Apr 2024, down by 26.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 30631 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 30631; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 3 Days Ago

Newest Listings in 30631, GA

Nearby Markets to 30631, GA