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 October 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

$356,200

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,200(+3.2%)

Key Takeaway

Homes in 30087 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 30087 was $356,200 in October 2024, up 3.2% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$230K
+27.8%
3 $300K$302.5K
+0.8%
4 $369.9K$375K
+1.4%
5+ $445K$475K
+6.7%

Summary: 30087 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 27.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Zip Codes

30047
+5.1%
30039
+3.7%
30087
+3.2%
30088
+2.8%
30058
-1.8%

Housing Supply in 30087, GA

How many homes are available in 30087, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
223242+8.5%

Summary: The 30087 real estate market had 242 homes for sale in October 2024, a 8.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 7781
+5.2%
4 7784
+9.1%
5+ 5868
+17.2%

Summary: The 30087 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 decreased by 18.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 17.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4549+8.9%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 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. 64.4% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 30087 in October 2024, up by 8.9% month-over-month. Of the 45 sold homes, 64% were sold under asking, 16% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
19 Days55 Days+186.7%

Summary: Homes in 30087 had an average of 55 days on market in Oct 2024, up by 186.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

8 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 October 2024, 49 homes were sold in 30087; 43% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 16% 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

Newest Listings in 30087, GA

Nearby Markets to 30087, GA