Is 30062, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30062 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30062 has remained a Seller's Market.

Key Takeaway

30062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30062, GA

How much do homes in 30062, GA cost?

Median Sold Price

$540,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,166(+5.3%)

Key Takeaway

Homes in 30062 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 30062 was $540,000 in April 2024, up 5.3% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $279K$295K
+5.7%
3 $409.5K$423.7K
+3.5%
4 $525K$550.5K
+4.9%
5+ $812.5K$825K
+1.5%

Summary: 30062 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 5.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

30068
+11.3%
30060
+9.9%
30062
+5.3%
30066
+5.2%
30075
+4.4%

Housing Supply in 30062, GA

How many homes are available in 30062, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
242295+21.9%

Summary: The 30062 real estate market had 295 homes for sale in April 2024, a 21.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 5971
+20.3%
4 102126
+23.5%
5+ 6581
+24.6%

Summary: The 30062 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 6.3%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 24.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8179-2.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30062, you could pay more than the asking price. 44.9% of homes here sold above asking price last month.

Summary: A total of 79 homes were sold or pending in 30062 in April 2024, down by 2.5% month-over-month. Of the 78 sold homes, 36% were sold under asking, 19% were sold at asking, and 45% were sold over asking.

Days on Market for 30062, GA

How long does it take to sell a home in 30062, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days23 Days+13.2%

Summary: Homes in 30062 had an average of 23 days on market in Apr 2024, up by 13.2% compared to last year.

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30062 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 79 homes were sold in 30062; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 Apr 1, 2024

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