$20,000
0.17 Acres
Land
Melanie Poston, Listing Office: KFH Realty, LLC.
Is 30161, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 30161 has remained a Seller's Market.
Key Takeaway
30161 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30161, GA
How much do homes in 30161, GA cost?
Median Sold Price
$225,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,280(+9.9%)
Key Takeaway
Homes in 30161 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 30161 was $225,000 in October 2024, up 9.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $232.5K | +200.0% |
| 2 Bedrooms | $153.4K | $162.5K | +5.9% |
| 3 Bedrooms | $204K | $218.5K | +7.1% |
| 4 Bedrooms | $345K | $355K | +2.9% |
| 5+ Bedrooms | $527.5K | $520K | -1.4% |
Summary: 30161 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in 30161, GA
How many homes are available in 30161, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 242 | 261 | +7.9% |
Summary: The 30161 real estate market had 261 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 4 | -50.0% |
| 2 Bedrooms | 54 | 55 | +1.9% |
| 3 Bedrooms | 104 | 124 | +19.2% |
| 4 Bedrooms | 48 | 52 | +8.3% |
| 5+ Bedrooms | 28 | 26 | -7.1% |
Summary: The 30161 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 48 | -5.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30161, you may be able to get a good deal. 72.5% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 30161 in October 2024, down by 5.9% month-over-month. Of the 40 sold homes, 73% were sold under asking, 15% were sold at asking, and 13% were sold over asking.
Days on Market for 30161, GA
How long does it take to sell a home in 30161, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 55 Days | +263.4% |
Summary: Homes in 30161 had an average of 55 days on market in Oct 2024, up by 263.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30161 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 48 homes were sold in 30161; 40% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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