Is 30116, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 30116 has remained a Seller's Market.
Key Takeaway
30116 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30116, GA
How much do homes in 30116, GA cost?
Median Sold Price
$304,612
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 30116 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 30116 was $304,612 in April 2024, up 12.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98K | $192.5K | +96.4% |
| 2 Bedrooms | $102.8K | $180K | +75.0% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $299K | $390K | +30.4% |
| 5+ Bedrooms | $519.9K | $492.5K | -5.3% |
Summary: 30116 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.4%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 30116, GA
How many homes are available in 30116, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 98 | 108 | +10.2% |
Summary: The 30116 real estate market had 108 homes for sale in April 2024, a 10.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 52 | 61 | +17.3% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 30116 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 40%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30116, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 30116 in April 2024, down by 16.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for 30116, GA
How long does it take to sell a home in 30116, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 11 Days | -68.1% |
Summary: Homes in 30116 had an average of 11 days on market in Apr 2024, down by 68.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30116 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in 30116; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.