Is 30305, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30305 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 30305 was a Seller's Market.

Key Takeaway

30305 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30305, GA

How much do homes in 30305, GA cost?

Median Sold Price

$788,750

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$149,100(+23.3%)

Key Takeaway

Homes in 30305 have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in 30305 was $788,750 in April 2024, up 23.3% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $238K$249K
+4.6%
2 $397K$505K
+27.2%
3 $814.5K$882K
+8.3%
4 $1.3M$1.3M
+1.9%
5+ $1.7M$1.8M
+7.2%

Summary: 30305 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Zip Codes

30305
+23.3%
30327
+19.1%
30324
+12.5%
30309
+6.1%
30326
+5.3%

Housing Supply in 30305, GA

How many homes are available in 30305, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
280336+20.0%

Summary: The 30305 real estate market had 336 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 5777
+35.1%
2 7285
+18.1%
3 5661
+8.9%
4 3944
+12.8%
5+ 5669
+23.2%

Summary: The 30305 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.1%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 23.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53530.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30305, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 30305 in April 2024, the same as the previous month. Of the 53 sold homes, 64% were sold under asking, 13% were sold at asking, and 23% were sold over asking.

Days on Market for 30305, GA

How long does it take to sell a home in 30305, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days22 Days-45.6%

Summary: Homes in 30305 had an average of 22 days on market in Apr 2024, down by 45.6% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30305 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 53 homes were sold in 30305; 75% of homes were sold within 30 days, 17% 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 15 Days Ago

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