Is 30127, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30127 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30127 has remained a Seller's Market.

Key Takeaway

30127 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30127, GA

How much do homes in 30127, GA cost?

Median Sold Price

$377,807

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,309(+3.4%)

Key Takeaway

Homes in 30127 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 30127 was $377,807 in October 2024, up 3.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K-
N/A
2 $330K$315K
-4.5%
3 $320K$329.9K
+3.1%
4 $397.9K$394.5K
-0.9%
5+ $540K$575K
+6.5%

Summary: 30127 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 decreased by 4.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

30064
+3.7%
30127
+3.4%
30008
+1.5%
30141
0.0%
30106
-0.4%

Housing Supply in 30127, GA

How many homes are available in 30127, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
422466+10.4%

Summary: The 30127 real estate market had 466 homes for sale in October 2024, a 10.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1519
+26.7%
3 179181
+1.1%
4 135164
+21.5%
5+ 93102
+9.7%

Summary: The 30127 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 increased by 26.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 9.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7986+8.9%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30127, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 86 homes were sold or pending in 30127 in October 2024, up by 8.9% month-over-month. Of the 81 sold homes, 56% were sold under asking, 27% were sold at asking, and 17% were sold over asking.

Days on Market for 30127, GA

How long does it take to sell a home in 30127, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days42 Days+50.4%

Summary: Homes in 30127 had an average of 42 days on market in Oct 2024, up by 50.4% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30127 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 86 homes were sold in 30127; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 12 Days Ago

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