$4,239 Closing Credit*
$357,000
2,655 SqFt
5 Beds
•2 Full Baths, 1 Partial
Kiffany Garner, Listing Office: Norluxe Realty Atlanta
Is 30248, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 30248 was a Seller's Market.
Key Takeaway
30248 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 30248, GA
How much do homes in 30248, GA cost?
Median Sold Price
$351,157
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,166(+1.2%)
Key Takeaway
Homes in 30248 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 30248 was $351,157 in October 2024, up 1.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $178.7K | $295.9K | +65.5% |
| 3 Bedrooms | $274.9K | $280K | +1.8% |
| 4 Bedrooms | $366.5K | $359.9K | -1.8% |
| 5+ Bedrooms | $495K | $439K | -11.3% |
Summary: 30248 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 65.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 11.3%.
Housing Supply in 30248, GA
How many homes are available in 30248, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 270 | 307 | +13.7% |
Summary: The 30248 real estate market had 307 homes for sale in October 2024, a 13.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 89 | 106 | +19.1% |
| 4 Bedrooms | 107 | 112 | +4.7% |
| 5+ Bedrooms | 69 | 84 | +21.7% |
Summary: The 30248 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 remained the same, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 45 | -15.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30248, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 30248 in October 2024, down by 15.1% month-over-month. Of the 37 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for 30248, GA
How long does it take to sell a home in 30248, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 39 Days | +51.9% |
Summary: Homes in 30248 had an average of 39 days on market in Oct 2024, up by 51.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 30248 has remained consistent over time.
Summary: During October 2024, 45 homes were sold in 30248; 38% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.