Is 30214, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30214 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30214 was a Seller's Market.

Key Takeaway

30214 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30214, GA

How much do homes in 30214, GA cost?

Median Sold Price

$402,293

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,464(+3.2%)

Key Takeaway

Homes in 30214 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 30214 was $402,293 in October 2024, up 3.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $324.9K$300K
-7.7%
3 $334.9K$356K
+6.3%
4 $397K$425K
+7.1%
5+ $577.5K$625K
+8.2%

Summary: 30214 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 7.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

30290
+8.0%
30215
+6.7%
30214
+3.2%
30296
+2.0%
30238
-1.2%

Housing Supply in 30214, GA

How many homes are available in 30214, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
191218+14.1%

Summary: The 30214 real estate market had 218 homes for sale in October 2024, a 14.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2122
+4.8%
3 6674
+12.1%
4 5364
+20.8%
5+ 5158
+13.7%

Summary: The 30214 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 4.8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 13.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3228-12.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30214, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 30214 in October 2024, down by 12.5% month-over-month. Of the 26 sold homes, 81% were sold under asking, 4% were sold at asking, and 15% were sold over asking.

Days on Market for 30214, GA

How long does it take to sell a home in 30214, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days41 Days+100.6%

Summary: Homes in 30214 had an average of 41 days on market in Oct 2024, up by 100.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30214 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 30214; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 7% 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

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