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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30157 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30157 was a Seller's Market.

Key Takeaway

30157 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30157, GA

How much do homes in 30157, GA cost?

Median Sold Price

$350,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,500(+3.4%)

Key Takeaway

Homes in 30157 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 30157 was $350,000 in November 2024, up 3.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $454.4K$241.8K
-46.8%
2 $295K$315K
+6.8%
3 $296.4K$300K
+1.2%
4 $374.9K$375K
0.0%
5+ $433K$438.1K
+1.2%

Summary: 30157 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

30132
+4.8%
30134
+4.2%
30127
+4.0%
30157
+3.4%
30141
0.0%

Housing Supply in 30157, GA

How many homes are available in 30157, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
407420+3.2%

Summary: The 30157 real estate market had 420 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2420
-16.7%
3 184194
+5.4%
4 135157
+16.3%
5+ 6248
-22.6%

Summary: The 30157 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 22.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7847-39.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

7 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. 46.5% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 30157 in November 2024, down by 39.7% month-over-month. Of the 43 sold homes, 47% were sold under asking, 37% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
37 Days50 Days+34.8%

Summary: Homes in 30157 had an average of 50 days on market in Nov 2024, up by 34.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

11 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 November 2024, 47 homes were sold in 30157; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% 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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