Is 30087, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30087 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 30087 has remained a Seller's Market.

Key Takeaway

30087 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30087, GA

How much do homes in 30087, GA cost?

Median Sold Price

$360,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.3%)

Key Takeaway

Homes in 30087 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 30087 was $360,000 in November 2024, up 4.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $182.5K$227.5K
+24.7%
3 $300K$310K
+3.3%
4 $370K$380K
+2.7%
5+ $449K$475K
+5.8%

Summary: 30087 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

30039
+4.4%
30087
+4.3%
30047
+3.8%
30088
-0.5%
30058
-1.8%

Housing Supply in 30087, GA

How many homes are available in 30087, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
227226-0.4%

Summary: The 30087 real estate market had 226 homes for sale in November 2024, a 0.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 7975
-5.1%
4 8380
-3.6%
5+ 5763
+10.5%

Summary: The 30087 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5044-12.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30087, you may be able to get a good deal. 59% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 30087 in November 2024, down by 12.0% month-over-month. Of the 39 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.

Days on Market for 30087, GA

How long does it take to sell a home in 30087, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days42 Days+154.2%

Summary: Homes in 30087 had an average of 42 days on market in Nov 2024, up by 154.2% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30087 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 44 homes were sold in 30087; 48% of homes were sold within 30 days, 39% 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 22 Days Ago

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