Is 30338, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30338 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30338 has remained a Seller's Market.

Key Takeaway

30338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30338, GA

How much do homes in 30338, GA cost?

Median Sold Price

$665,666

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$44,041(+7.1%)

Key Takeaway

Homes in 30338 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 30338 was $665,666 in April 2024, up 7.1% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $241.5K$223.9K
-7.3%
2 $332K$324.9K
-2.1%
3 $534K$565K
+5.8%
4 $645K$679K
+5.3%
5+ $765K$850K
+11.1%

Summary: 30338 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

30350
+22.7%
30328
+9.5%
30338
+7.1%
30360
+3.6%
30346
0.0%

Housing Supply in 30338, GA

How many homes are available in 30338, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
109136+24.8%

Summary: The 30338 real estate market had 136 homes for sale in April 2024, a 24.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 58
+60.0%
2 1826
+44.4%
3 2429
+20.8%
4 3537
+5.7%
5+ 2736
+33.3%

Summary: The 30338 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3538+8.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30338, you could pay more than the asking price. 54.1% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 30338 in April 2024, up by 8.6% month-over-month. Of the 37 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% were sold over asking.

Days on Market for 30338, GA

How long does it take to sell a home in 30338, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days9 Days-44.2%

Summary: Homes in 30338 had an average of 9 days on market in Apr 2024, down by 44.2% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30338 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 38 homes were sold in 30338; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 Apr 1, 2024

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