Is 30022, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30022 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30022 has remained a Seller's Market.

Key Takeaway

30022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30022, GA

How much do homes in 30022, GA cost?

Median Sold Price

$666,500

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$76,910(+13.0%)

Key Takeaway

Homes in 30022 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 30022 was $666,500 in April 2024, up 13% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $488.8K-
N/A
2 $319K$380K
+19.1%
3 $430K$469K
+9.1%
4 $580K$635.5K
+9.6%
5+ $850K$975K
+14.7%

Summary: 30022 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 19.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Zip Codes

30009
+29.6%
30022
+13.0%
30076
+10.1%
30005
+6.5%
30092
+4.0%

Housing Supply in 30022, GA

How many homes are available in 30022, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
229280+22.3%

Summary: The 30022 real estate market had 280 homes for sale in April 2024, a 22.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1117
+54.5%
3 4352
+20.9%
4 5266
+26.9%
5+ 123145
+17.9%

Summary: The 30022 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 increased by 54.5%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 17.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7377+5.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30022, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.

Summary: A total of 77 homes were sold or pending in 30022 in April 2024, up by 5.5% month-over-month. Of the 74 sold homes, 28% were sold under asking, 20% were sold at asking, and 51% were sold over asking.

Days on Market for 30022, GA

How long does it take to sell a home in 30022, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days16 Days-18.7%

Summary: Homes in 30022 had an average of 16 days on market in Apr 2024, down by 18.7% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30022 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 77 homes were sold in 30022; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% 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 15 Days Ago

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