Is 30328, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30328 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30328 has remained a Seller's Market.

Key Takeaway

30328 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30328, GA

How much do homes in 30328, GA cost?

Median Sold Price

$531,250

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$46,695(+9.6%)

Key Takeaway

Homes in 30328 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 30328 was $531,250 in May 2024, up 9.6% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $184K$174.9K
-4.9%
2 $286K$280K
-2.1%
3 $488K$530K
+8.6%
4 $702.5K$727K
+3.5%
5+ $930K$1.1M
+23.8%

Summary: 30328 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Zip Codes

30068
+13.0%
30328
+9.6%
30338
+9.0%
30342
+4.3%
30346
0.0%

Housing Supply in 30328, GA

How many homes are available in 30328, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
257292+13.6%

Summary: The 30328 real estate market had 292 homes for sale in May 2024, a 13.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2223
+4.5%
2 6689
+34.8%
3 7865
-16.7%
4 3851
+34.2%
5+ 5364
+20.8%

Summary: The 30328 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 34.8%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 20.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6955-20.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30328, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 30328 in May 2024, down by 20.3% month-over-month. Of the 54 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.

Days on Market for 30328, GA

How long does it take to sell a home in 30328, GA?

Average Sale Time

May 2023May 2024CHANGE
22 Days20 Days-6.1%

Summary: Homes in 30328 had an average of 20 days on market in May 2024, down by 6.1% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30328 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 55 homes were sold in 30328; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% 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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