Is 30542, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 30542 has remained a Seller's Market.
Key Takeaway
30542 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30542, GA
How much do homes in 30542, GA cost?
Median Sold Price
$432,625
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 30542 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 30542 was $432,625 in May 2024, up 2.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $280K | $300K | +7.1% |
| 3 Bedrooms | $346.6K | $376K | +8.5% |
| 4 Bedrooms | $455K | $474.6K | +4.3% |
| 5+ Bedrooms | $592.8K | $605K | +2.0% |
Summary: 30542 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 2%.
Housing Supply in 30542, GA
How many homes are available in 30542, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 239 | 271 | +13.4% |
Summary: The 30542 real estate market had 271 homes for sale in May 2024, a 13.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 11 | 21 | +90.9% |
| 3 Bedrooms | 64 | 68 | +6.3% |
| 4 Bedrooms | 104 | 119 | +14.4% |
| 5+ Bedrooms | 58 | 60 | +3.4% |
Summary: The 30542 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 90.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 59 | 51 | -13.6% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30542, you may be able to get a good deal. 65.3% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in 30542 in May 2024, down by 13.6% month-over-month. Of the 49 sold homes, 65% were sold under asking, 18% were sold at asking, and 16% were sold over asking.
Days on Market for 30542, GA
How long does it take to sell a home in 30542, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 51 Days | +32.7% |
Summary: Homes in 30542 had an average of 51 days on market in May 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30542 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 51 homes were sold in 30542; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 16% 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.