Is 30228, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30228 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30228 has remained a Seller's Market.

Key Takeaway

30228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30228, GA

How much do homes in 30228, GA cost?

Median Sold Price

$321,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,831(-2.4%)

Key Takeaway

Homes in 30228 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 30228 was $321,000 in April 2024, down 2.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $177K$190K
+7.3%
3 $268K$265K
-1.1%
4 $336K$329.8K
-1.9%
5+ $430K$420K
-2.3%

Summary: 30228 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 7.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

30215
+8.3%
30238
+4.2%
30228
-2.4%
30253
-2.9%

Housing Supply in 30228, GA

How many homes are available in 30228, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
317353+11.4%

Summary: The 30228 real estate market had 353 homes for sale in April 2024, a 11.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 57
+40.0%
3 96110
+14.6%
4 133154
+15.8%
5+ 8180
-1.2%

Summary: The 30228 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 40%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 1.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5865+12.1%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30228, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 30228 in April 2024, up by 12.1% month-over-month. Of the 55 sold homes, 49% were sold under asking, 24% were sold at asking, and 27% were sold over asking.

Days on Market for 30228, GA

How long does it take to sell a home in 30228, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days51 Days+9.2%

Summary: Homes in 30228 had an average of 51 days on market in Apr 2024, up by 9.2% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30228 has remained consistent over time.

Summary: During April 2024, 65 homes were sold in 30228; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 30 Days Ago

Newest Listings in 30228, GA

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