Is 30062, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30062 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30062 has remained a Seller's Market.

Key Takeaway

30062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30062, GA

How much do homes in 30062, GA cost?

Median Sold Price

$544,357

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,763(+3.6%)

Key Takeaway

Homes in 30062 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 30062 was $544,357 in October 2024, up 3.6% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $285K$295K
+3.5%
3 $414.5K$425K
+2.5%
4 $530K$556.2K
+4.9%
5+ $820K$831.9K
+1.5%

Summary: 30062 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

30068
+9.8%
30075
+8.2%
30066
+6.6%
30060
+3.7%
30062
+3.6%

Housing Supply in 30062, GA

How many homes are available in 30062, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
228239+4.8%

Summary: The 30062 real estate market had 239 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1215
+25.0%
3 6962
-10.1%
4 93104
+11.8%
5+ 5458
+7.4%

Summary: The 30062 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6647-28.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30062, expect to pay close to the asking price. 35.6% of homes here sold near the asking price last month.

Summary: A total of 47 homes were sold or pending in 30062 in October 2024, down by 28.8% month-over-month. Of the 45 sold homes, 33% were sold under asking, 36% were sold at asking, and 31% were sold over asking.

Days on Market for 30062, GA

How long does it take to sell a home in 30062, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days25 Days+74.3%

Summary: Homes in 30062 had an average of 25 days on market in Oct 2024, up by 74.3% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30062 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 47 homes were sold in 30062; 62% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 2% 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 13 Days Ago

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