Is 30349, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30349 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30349 has remained a Seller's Market.

Key Takeaway

30349 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30349, GA

How much do homes in 30349, GA cost?

Median Sold Price

$285,714

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,729(+2.0%)

Key Takeaway

Homes in 30349 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 30349 was $285,714 in May 2024, up 2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $45K$143K
+217.8%
2 $213.9K$207K
-3.3%
3 $249.9K$257.2K
+2.9%
4 $320K$320K
0.0%
5+ $417.8K$430K
+2.9%

Summary: 30349 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 217.8%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

30349
+2.0%
30344
0.5%
30291
-2.7%
30337
-4.4%

Housing Supply in 30349, GA

How many homes are available in 30349, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
500512+2.4%

Summary: The 30349 real estate market had 512 homes for sale in May 2024, a 2.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 412
+200.0%
2 3126
-16.1%
3 212217
+2.4%
4 162170
+4.9%
5+ 9187
-4.4%

Summary: The 30349 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 4.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
11192-17.1%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30349, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 92 homes were sold or pending in 30349 in May 2024, down by 17.1% month-over-month. Of the 80 sold homes, 36% were sold under asking, 38% were sold at asking, and 26% were sold over asking.

Days on Market for 30349, GA

How long does it take to sell a home in 30349, GA?

Average Sale Time

May 2023May 2024CHANGE
36 Days33 Days-8.4%

Summary: Homes in 30349 had an average of 33 days on market in May 2024, down by 8.4% compared to last year.

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30349 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 92 homes were sold in 30349; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% 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 1 Day Ago

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