Is 30188, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30188 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 30188 has remained a Seller's Market.

Key Takeaway

30188 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30188, GA

How much do homes in 30188, GA cost?

Median Sold Price

$468,351

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,347(+9.2%)

Key Takeaway

Homes in 30188 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 30188 was $468,351 in November 2024, up 9.2% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $417K$400K
-4.1%
2 $319.5K$339K
+6.1%
3 $390K$404.9K
+3.8%
4 $470K$540.6K
+15.0%
5+ $705K$724.1K
+2.7%

Summary: 30188 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

30115
+10.1%
30075
+10.1%
30188
+9.2%
30189
+3.1%

Housing Supply in 30188, GA

How many homes are available in 30188, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
407367-9.8%

Summary: The 30188 real estate market had 367 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 3934
-12.8%
3 173163
-5.8%
4 10690
-15.1%
5+ 8880
-9.1%

Summary: The 30188 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11672-37.9%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30188, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in 30188 in November 2024, down by 37.9% month-over-month. Of the 69 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for 30188, GA

How long does it take to sell a home in 30188, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days38 Days+77.6%

Summary: Homes in 30188 had an average of 38 days on market in Nov 2024, up by 77.6% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30188 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 72 homes were sold in 30188; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in 30188, GA

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