Is 30259, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30259 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30259 was a Seller's Market.

Key Takeaway

30259 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30259, GA

How much do homes in 30259, GA cost?

Median Sold Price

$521,445

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$66,445(+14.6%)

Key Takeaway

Homes in 30259 have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in 30259 was $521,445 in November 2024, up 14.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $189K$195K
+3.2%
3 $340K$418.5K
+23.1%
4 $579.9K$549.9K
-5.2%
5+ $576.9K$607.4K
+5.3%

Summary: 30259 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 increased by 3.2%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

30259
+14.6%
30276
+4.1%
30263
+2.9%
30220
-0.7%
30251
-1.8%

Housing Supply in 30259, GA

How many homes are available in 30259, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3029-3.3%

Summary: The 30259 real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1110
-9.1%
4 1111
0.0%
5+ 88
0.0%

Summary: The 30259 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 decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30259, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 30259 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 30259, GA

How long does it take to sell a home in 30259, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days43 Days+8.9%

Summary: Homes in 30259 had an average of 43 days on market in Nov 2024, up by 8.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30259 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 30259; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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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