Is 30071, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30071 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30071 has remained a Seller's Market.

Key Takeaway

30071 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30071, GA

How much do homes in 30071, GA cost?

Median Sold Price

$370,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+4.2%)

Key Takeaway

Homes in 30071 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 30071 was $370,000 in April 2024, up 4.2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $132.5K$168K
+26.8%
2 $232K$260K
+12.1%
3 $330K$348.2K
+5.5%
4 $500K$465K
-7.0%
5+ $527.9K$680K
+28.8%

Summary: 30071 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.8%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

30093
+8.2%
30096
+7.8%
30071
+4.2%
30092
+4.0%
30360
+3.6%

Housing Supply in 30071, GA

How many homes are available in 30071, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65650.0%

Summary: The 30071 real estate market had 65 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1210
-16.7%
3 2729
+7.4%
4 1618
+12.5%
5+ 86
-25.0%

Summary: The 30071 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 16.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24240.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30071, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 30071 in April 2024, the same as the previous month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for 30071, GA

How long does it take to sell a home in 30071, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
37 Days28 Days-24.8%

Summary: Homes in 30071 had an average of 28 days on market in Apr 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30071 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 24 homes were sold in 30071; 71% of homes were sold within 30 days, 21% 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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