Is 30318, 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, 30318 has remained a Seller's Market.
Key Takeaway
30318 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30318, GA
How much do homes in 30318, GA cost?
Median Sold Price
$426,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 30318 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 30318 was $426,000 in April 2024, up 3.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $187.3K | -3.9% |
| 2 Bedrooms | $361K | $380.5K | +5.4% |
| 3 Bedrooms | $389.9K | $415K | +6.4% |
| 4 Bedrooms | $569K | $595K | +4.6% |
| 5+ Bedrooms | $645K | $642.6K | -0.4% |
Summary: 30318 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 30318, GA
How many homes are available in 30318, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 384 | 458 | +19.3% |
Summary: The 30318 real estate market had 458 homes for sale in April 2024, a 19.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 62 | 77 | +24.2% |
| 3 Bedrooms | 192 | 233 | +21.4% |
| 4 Bedrooms | 80 | 95 | +18.8% |
| 5+ Bedrooms | 38 | 41 | +7.9% |
Summary: The 30318 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 24.2%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 93 | +43.1% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30318, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in 30318 in April 2024, up by 43.1% month-over-month. Of the 85 sold homes, 46% were sold under asking, 21% were sold at asking, and 33% were sold over asking.
Days on Market for 30318, GA
How long does it take to sell a home in 30318, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 30 Days | +22.5% |
Summary: Homes in 30318 had an average of 30 days on market in Apr 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30318 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 93 homes were sold in 30318; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% 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.