Is 30088, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30088 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30088 was a Seller's Market.

Key Takeaway

30088 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30088, GA

How much do homes in 30088, GA cost?

Median Sold Price

$255,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,333(-0.5%)

Key Takeaway

Homes in 30088 have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in 30088 was $255,000 in November 2024, down 0.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K-
N/A
2 $185K$176K
-4.9%
3 $245K$245K
0.0%
4 $280K$293.5K
+4.8%
5+ $295K$330K
+11.9%

Summary: 30088 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 decreased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

30083
+5.6%
30087
+4.3%
30035
+3.3%
30088
-0.5%
30058
-1.8%

Housing Supply in 30088, GA

How many homes are available in 30088, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
184180-2.2%

Summary: The 30088 real estate market had 180 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 8988
-1.1%
4 7265
-9.7%
5+ 1216
+33.3%

Summary: The 30088 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 1.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4125-39.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30088, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.

Summary: A total of 25 homes were sold or pending in 30088 in November 2024, down by 39.0% month-over-month. Of the 23 sold homes, 39% were sold under asking, 43% were sold at asking, and 17% were sold over asking.

Days on Market for 30088, GA

How long does it take to sell a home in 30088, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days45 Days+54.5%

Summary: Homes in 30088 had an average of 45 days on market in Nov 2024, up by 54.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30088 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 30088; 44% of homes were sold within 30 days, 40% 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

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