Is 30157, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30157 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30157 has remained a Seller's Market.

Key Takeaway

30157 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30157, GA

How much do homes in 30157, GA cost?

Median Sold Price

$349,985

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,185(+3.0%)

Key Takeaway

Homes in 30157 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 30157 was $349,985 in October 2024, up 3% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $454.4K$962K
+111.7%
2 $292.5K$329K
+12.5%
3 $296.6K$300.9K
+1.4%
4 $376.4K$375K
-0.4%
5+ $426.4K$436.1K
+2.3%

Summary: 30157 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

30134
+4.3%
30132
+4.0%
30127
+3.4%
30157
+3.0%
30141
0.0%

Housing Supply in 30157, GA

How many homes are available in 30157, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
385440+14.3%

Summary: The 30157 real estate market had 440 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1825
+38.9%
3 163196
+20.2%
4 140148
+5.7%
5+ 6269
+11.3%

Summary: The 30157 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 38.9%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 11.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8475-10.7%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30157, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 75 homes were sold or pending in 30157 in October 2024, down by 10.7% month-over-month. Of the 68 sold homes, 51% were sold under asking, 22% were sold at asking, and 26% were sold over asking.

Days on Market for 30157, GA

How long does it take to sell a home in 30157, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days54 Days+90.4%

Summary: Homes in 30157 had an average of 54 days on market in Oct 2024, up by 90.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30157 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 75 homes were sold in 30157; 41% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago

Newest Listings in 30157, GA

Nearby Markets to 30157, GA