Is 30097, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30097 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30097 has remained a Seller's Market.

Key Takeaway

30097 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30097, GA

How much do homes in 30097, GA cost?

Median Sold Price

$702,833

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,500(+6.8%)

Key Takeaway

Homes in 30097 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 30097 was $702,833 in October 2024, up 6.8% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $335K$350K
+4.5%
3 $420.6K$463.8K
+10.3%
4 $575K$630K
+9.6%
5+ $950K$973.6K
+2.5%

Summary: 30097 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 4.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Zip Codes

30096
+9.9%
30024
+8.2%
30022
+7.6%
30097
+6.8%
30005
+6.4%

Housing Supply in 30097, GA

How many homes are available in 30097, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
232236+1.7%

Summary: The 30097 real estate market had 236 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 4348
+11.6%
4 6764
-4.5%
5+ 119121
+1.7%

Summary: The 30097 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 11.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 1.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6345-28.6%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30097, you may be able to get a good deal. 75.6% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 30097 in October 2024, down by 28.6% month-over-month. Of the 45 sold homes, 76% were sold under asking, 18% were sold at asking, and 7% were sold over asking.

Days on Market for 30097, GA

How long does it take to sell a home in 30097, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days42 Days+127.7%

Summary: Homes in 30097 had an average of 42 days on market in Oct 2024, up by 127.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30097 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 45 homes were sold in 30097; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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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