Is 30218, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30218 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30218 was a Seller's Market.

Key Takeaway

30218 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30218, GA

How much do homes in 30218, GA cost?

Median Sold Price

$276,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+8.2%)

Key Takeaway

Homes in 30218 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 30218 was $276,000 in November 2024, up 8.2% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$191.9K
N/A
2 $180K-
N/A
3 $247.4K$270K
+9.1%
4 $435K$332K
-23.7%
5+ --
N/A

Summary: 30218 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30218
+8.2%
30276
+4.1%
30222
+2.9%
30251
-1.8%

Housing Supply in 30218, GA

How many homes are available in 30218, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The 30218 real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 58
+60.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The 30218 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30218, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 30218 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 30218, GA

How long does it take to sell a home in 30218, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
299 Days23 Days-92.3%

Summary: Homes in 30218 had an average of 23 days on market in Nov 2024, down by 92.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30218 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 30218; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 30218, GA

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