Is 30222, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30222 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30222 has remained a Seller's Market.

Key Takeaway

30222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30222, GA

How much do homes in 30222, GA cost?

Median Sold Price

$271,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+6.7%)

Key Takeaway

Homes in 30222 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 30222 was $271,500 in October 2024, up 6.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $145.7K$324.9K
+122.9%
3 $255K$266.5K
+4.5%
4 $284.9K$272.4K
-4.4%
5+ $1.4M$337.5K
-76.1%

Summary: 30222 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 increased by 122.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 76.1%.

Median Sold Price Compared To Nearby Zip Codes

31830
+24.1%
30222
+6.7%
30251
-1.8%

Housing Supply in 30222, GA

How many homes are available in 30222, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The 30222 real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1617
+6.3%
4 32
-33.3%
5+ 34
+33.3%

Summary: The 30222 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 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30222, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 30222 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 30222, GA

How long does it take to sell a home in 30222, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Day35 Days+3480.0%

Summary: Homes in 30222 had an average of 35 days on market in Oct 2024, up by 3480% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30222 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 30222; 60% of homes were sold within 30 days, 40% 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 20 Days Ago

Newest Listings in 30222, GA

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