Is 30345, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30345 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30345 has remained a Seller's Market.

Key Takeaway

30345 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30345, GA

How much do homes in 30345, GA cost?

Median Sold Price

$615,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+5.1%)

Key Takeaway

Homes in 30345 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 30345 was $615,000 in May 2024, up 5.1% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $103K$113K
+9.7%
2 $285K$272.5K
-4.4%
3 $488.5K$525K
+7.5%
4 $610K$665K
+9.0%
5+ $905K$787K
-13.0%

Summary: 30345 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Zip Codes

30033
+6.5%
30341
+6.0%
30345
+5.1%
30319
+4.3%
30329
-1.7%

Housing Supply in 30345, GA

How many homes are available in 30345, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
115131+13.9%

Summary: The 30345 real estate market had 131 homes for sale in May 2024, a 13.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 2735
+29.6%
4 3947
+20.5%
5+ 4140
-2.4%

Summary: The 30345 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 increased by 14.3%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30345, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 30345 in May 2024, up by 19.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% were sold over asking.

Days on Market for 30345, GA

How long does it take to sell a home in 30345, GA?

Average Sale Time

May 2023May 2024CHANGE
21 Days25 Days+16.9%

Summary: Homes in 30345 had an average of 25 days on market in May 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30345 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 25 homes were sold in 30345; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% 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

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