Is 30605, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30605 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30605 has remained a Seller's Market.

Key Takeaway

30605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30605, GA

How much do homes in 30605, GA cost?

Median Sold Price

$311,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,999(+11.1%)

Key Takeaway

Homes in 30605 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 30605 was $311,000 in May 2024, up 11.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $150.2K$171K
+13.8%
2 $230K$240.2K
+4.5%
3 $280.4K$315K
+12.3%
4 $363.5K$380K
+4.5%
5+ $469.1K$486.5K
+3.7%

Summary: 30605 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

30605
+11.1%
30683
+6.8%
30601
+4.8%

Housing Supply in 30605, GA

How many homes are available in 30605, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
211217+2.8%

Summary: The 30605 real estate market had 217 homes for sale in May 2024, a 2.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 85
-37.5%
2 6066
+10.0%
3 6676
+15.2%
4 6253
-14.5%
5+ 1517
+13.3%

Summary: The 30605 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5180+56.9%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30605, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in 30605 in May 2024, up by 56.9% month-over-month. Of the 76 sold homes, 41% were sold under asking, 25% were sold at asking, and 34% were sold over asking.

Days on Market for 30605, GA

How long does it take to sell a home in 30605, GA?

Average Sale Time

May 2023May 2024CHANGE
16 Days18 Days+11.8%

Summary: Homes in 30605 had an average of 18 days on market in May 2024, up by 11.8% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30605 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 80 homes were sold in 30605; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% 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 2 Days Ago

Newest Listings in 30605, GA

Nearby Markets to 30605, GA