Is 30648, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30648 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 30648 was a Seller's Market.

Key Takeaway

30648 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30648, GA

How much do homes in 30648, GA cost?

Median Sold Price

$286,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,250(+6.0%)

Key Takeaway

Homes in 30648 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 30648 was $286,000 in March 2024, up 6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $215K$178K
-17.2%
3 $272.5K$286K
+5.0%
4 $275K$360K
+30.9%
5+ $201.2K$310K
+54.0%

Summary: 30648 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 30.9%, and 5+ bedroom homes increased by 54%.

Housing Supply in 30648, GA

How many homes are available in 30648, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
108-20.0%

Summary: The 30648 real estate market had 8 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 53
-40.0%
4 11
0.0%
5+ 22
0.0%

Summary: The 30648 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30648, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 30648 in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 30648, GA

How long does it take to sell a home in 30648, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days3 Days-92.0%

Summary: Homes in 30648 had an average of 3 days on market in Mar 2024, down by 92% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 30648 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 30648; 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 23 Days Ago

Newest Listings in 30648, GA

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