Is 30078, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30078 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30078 has remained a Seller's Market.

Key Takeaway

30078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30078, GA

How much do homes in 30078, GA cost?

Median Sold Price

$380,133

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$193(+0.1%)

Key Takeaway

The sold price of homes in 30078 has remained the same since last year.

Summary: The median home sold price in 30078 was $380,133 in October 2024, up 0.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $369.9K$369K
-0.3%
3 $325.2K$336.5K
+3.5%
4 $395K$420K
+6.3%
5+ $585K$566.5K
-3.2%

Summary: 30078 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 decreased by 0.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

30044
+5.6%
30047
+5.1%
30039
+3.7%
30017
0.5%
30078
0.1%

Housing Supply in 30078, GA

How many homes are available in 30078, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
184215+16.8%

Summary: The 30078 real estate market had 215 homes for sale in October 2024, a 16.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 7381
+11.0%
4 7081
+15.7%
5+ 3749
+32.4%

Summary: The 30078 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 remained the same, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 32.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3744+18.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30078, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 30078 in October 2024, up by 18.9% month-over-month. Of the 41 sold homes, 54% were sold under asking, 20% were sold at asking, and 27% were sold over asking.

Days on Market for 30078, GA

How long does it take to sell a home in 30078, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days36 Days+58.4%

Summary: Homes in 30078 had an average of 36 days on market in Oct 2024, up by 58.4% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30078 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 44 homes were sold in 30078; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

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