Is 30241, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30241 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30241 has remained a Seller's Market.

Key Takeaway

30241 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30241, GA

How much do homes in 30241, GA cost?

Median Sold Price

$255,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,500(-5.4%)

Key Takeaway

Homes in 30241 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 30241 was $255,500 in October 2024, down 5.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $30K$45K
+50.0%
2 $118K$135.5K
+14.8%
3 $215K$225K
+4.7%
4 $369K$361.9K
-1.9%
5+ $413K$439.9K
+6.5%

Summary: 30241 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

31833
+16.5%
30230
+13.0%
30240
+5.5%
30241
-5.4%
31822
-5.7%

Housing Supply in 30241, GA

How many homes are available in 30241, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111116+4.5%

Summary: The 30241 real estate market had 116 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 5450
-7.4%
4 3238
+18.8%
5+ 1516
+6.7%

Summary: The 30241 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 20%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30241, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 30241 in October 2024, up by 10.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 30241, GA

How long does it take to sell a home in 30241, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days32 Days+69.6%

Summary: Homes in 30241 had an average of 32 days on market in Oct 2024, up by 69.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30241 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 30241; 48% of homes were sold within 30 days, 52% 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

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