Is 30507, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30507 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30507 has remained a Seller's Market.

Key Takeaway

30507 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30507, GA

How much do homes in 30507, GA cost?

Median Sold Price

$328,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,000(-0.6%)

Key Takeaway

Homes in 30507 have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in 30507 was $328,000 in April 2024, down 0.6% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $45K-
N/A
2 $150K$194.5K
+29.7%
3 $300K$315K
+5.0%
4 $375K$387.4K
+3.3%
5+ $405K$470K
+16.0%

Summary: 30507 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 16%.

Median Sold Price Compared To Nearby Zip Codes

30504
+8.1%
30501
+2.3%
30507
-0.6%
30567
-4.2%

Housing Supply in 30507, GA

How many homes are available in 30507, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6871+4.4%

Summary: The 30507 real estate market had 71 homes for sale in April 2024, a 4.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 4040
0.0%
4 1619
+18.8%
5+ 87
-12.5%

Summary: The 30507 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30507, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 30507 in April 2024, up by 7.7% month-over-month. Of the 14 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% were sold over asking.

Days on Market for 30507, GA

How long does it take to sell a home in 30507, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days10 Days-75.6%

Summary: Homes in 30507 had an average of 10 days on market in Apr 2024, down by 75.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30507 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in 30507; 86% of homes were sold within 30 days, 14% 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 28 Days Ago

Newest Listings in 30507, GA

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