Is 30548, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30548 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 30548 has remained a Seller's Market.

Key Takeaway

30548 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30548, GA

How much do homes in 30548, GA cost?

Median Sold Price

$469,992

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$29,957(-6.0%)

Key Takeaway

Homes in 30548 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 30548 was $469,992 in April 2024, down 6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $430K$468.7K
+9.0%
3 $392.6K$400K
+1.9%
4 $457.5K$465K
+1.6%
5+ $589.9K$586K
-0.7%

Summary: 30548 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 9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

30011
+13.4%
30517
+3.6%
30680
+1.1%
30567
-4.2%
30548
-6.0%

Housing Supply in 30548, GA

How many homes are available in 30548, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
261268+2.7%

Summary: The 30548 real estate market had 268 homes for sale in April 2024, a 2.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1614
-12.5%
3 6259
-4.8%
4 110112
+1.8%
5+ 7383
+13.7%

Summary: The 30548 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 decreased by 12.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 13.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7551-32.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30548, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.

Summary: A total of 51 homes were sold or pending in 30548 in April 2024, down by 32.0% month-over-month. Of the 48 sold homes, 44% were sold under asking, 46% were sold at asking, and 10% were sold over asking.

Days on Market for 30548, GA

How long does it take to sell a home in 30548, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days43 Days+10.0%

Summary: Homes in 30548 had an average of 43 days on market in Apr 2024, up by 10% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30548 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 51 homes were sold in 30548; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 18% 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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