Is 30083, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30083 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30083 was a Seller's Market.

Key Takeaway

30083 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30083, GA

How much do homes in 30083, GA cost?

Median Sold Price

$275,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+5.8%)

Key Takeaway

Homes in 30083 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 30083 was $275,000 in October 2024, up 5.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$117.5K
+23.7%
2 $165K$190.5K
+15.5%
3 $260K$275K
+5.8%
4 $299K$315K
+5.4%
5+ $295K$355K
+20.3%

Summary: 30083 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Zip Codes

30083
+5.8%
30088
+2.8%
30035
+1.9%
30021
-11.7%

Housing Supply in 30083, GA

How many homes are available in 30083, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
239264+10.5%

Summary: The 30083 real estate market had 264 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 4041
+2.5%
3 107121
+13.1%
4 6476
+18.8%
5+ 2623
-11.5%

Summary: The 30083 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 11.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4640-13.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30083, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 30083 in October 2024, down by 13.0% month-over-month. Of the 34 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for 30083, GA

How long does it take to sell a home in 30083, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days41 Days+32.8%

Summary: Homes in 30083 had an average of 41 days on market in Oct 2024, up by 32.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30083 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 40 homes were sold in 30083; 48% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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