Is 30185, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30185 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30185 has remained a Seller's Market.

Key Takeaway

30185 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30185, GA

How much do homes in 30185, GA cost?

Median Sold Price

$299,900

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,800(-1.9%)

Key Takeaway

Homes in 30185 have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in 30185 was $299,900 in May 2024, down 1.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $222.5K$210.3K
-5.5%
3 $252K$289.9K
+15.1%
4 $352.5K$379.9K
+7.8%
5+ $592.5K$898K
+51.6%

Summary: 30185 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 51.6%.

Median Sold Price Compared To Nearby Zip Codes

30116
+12.8%
30187
+11.4%
30268
+6.3%
30263
+3.3%
30185
-1.9%

Housing Supply in 30185, GA

How many homes are available in 30185, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1825+38.9%

Summary: The 30185 real estate market had 25 homes for sale in May 2024, a 38.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 811
+37.5%
4 57
+40.0%
5+ 57
+40.0%

Summary: The 30185 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30185, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 30185 in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 30185, GA

How long does it take to sell a home in 30185, GA?

Average Sale Time

May 2023May 2024CHANGE
8 Days41 Days+420.0%

Summary: Homes in 30185 had an average of 41 days on market in May 2024, up by 420% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30185 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in 30185; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 9 Days Ago

Newest Listings in 30185, GA

Nearby Markets to 30185, GA