Is 30656, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30656 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30656 was a Seller's Market.

Key Takeaway

30656 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30656, GA

How much do homes in 30656, GA cost?

Median Sold Price

$426,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,950(-0.9%)

Key Takeaway

Homes in 30656 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 30656 was $426,000 in April 2024, down 0.9% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $278.4K$325K
+16.7%
3 $315K$335K
+6.3%
4 $455.9K$434.8K
-4.6%
5+ $587.5K$517.4K
-11.9%

Summary: 30656 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

30666
+16.9%
30680
+1.1%
30620
0.3%
30656
-0.9%
30655
-1.6%

Housing Supply in 30656, GA

How many homes are available in 30656, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
164157-4.3%

Summary: The 30656 real estate market had 157 homes for sale in April 2024, a 4.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 3849
+28.9%
4 10886
-20.4%
5+ 1622
+37.5%

Summary: The 30656 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 100%, 3 bedroom homes increased by 28.9%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4026-35.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30656, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 30656 in April 2024, down by 35.0% month-over-month. Of the 26 sold homes, 23% were sold under asking, 35% were sold at asking, and 42% were sold over asking.

Days on Market for 30656, GA

How long does it take to sell a home in 30656, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days56 Days+40.3%

Summary: Homes in 30656 had an average of 56 days on market in Apr 2024, up by 40.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30656 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in 30656; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% 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 6 Days Ago

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