Is 30705, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30705 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 30705 has remained a Seller's Market.

Key Takeaway

30705 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30705, GA

How much do homes in 30705, GA cost?

Median Sold Price

$265,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,250(+11.9%)

Key Takeaway

Homes in 30705 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 30705 was $265,000 in March 2024, up 11.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $200K$36K
-82.0%
2 $173.5K$135K
-22.2%
3 $229K$250K
+9.2%
4 $280K$310K
+10.7%
5+ $288.5K$425K
+47.3%

Summary: 30705 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 47.3%.

Median Sold Price Compared To Nearby Zip Codes

30735
+18.1%
30705
+11.9%
30721
+9.1%

Housing Supply in 30705, GA

How many homes are available in 30705, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6782+22.4%

Summary: The 30705 real estate market had 82 homes for sale in March 2024, a 22.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 4855
+14.6%
4 1217
+41.7%
5+ 22
0.0%

Summary: The 30705 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 increased by 60%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30705, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 30705 in March 2024, up by 100.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for 30705, GA

How long does it take to sell a home in 30705, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days63 Days+167.1%

Summary: Homes in 30705 had an average of 63 days on market in Mar 2024, up by 167.1% compared to last year.

Breakdown of Home Sale Times

3 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

Many homes in 30705 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in 30705; 19% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 19% 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 18 Days Ago

Newest Listings in 30705, GA

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