Is 30274, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30274 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30274 was a Seller's Market.

Key Takeaway

30274 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30274, GA

How much do homes in 30274, GA cost?

Median Sold Price

$225,000

$146/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 30274 has remained the same since last year.

Summary: The median home sold price in 30274 was $225,000 in October 2024, the same as last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $56K-
N/A
2 $166.7K$190K
+13.9%
3 $224K$215K
-4.0%
4 $247.5K$251.5K
+1.6%
5+ $265K$275K
+3.8%

Summary: 30274 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 13.9%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

30236
+6.8%
30296
+2.0%
30274
0.0%
30238
-1.2%
30297
-7.0%

Housing Supply in 30274, GA

How many homes are available in 30274, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
166182+9.6%

Summary: The 30274 real estate market had 182 homes for sale in October 2024, a 9.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 99107
+8.1%
4 4453
+20.5%
5+ 1210
-16.7%

Summary: The 30274 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 9.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3826-31.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30274, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 30274 in October 2024, down by 31.6% month-over-month. Of the 23 sold homes, 65% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 30274, GA

How long does it take to sell a home in 30274, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days32 Days+24.8%

Summary: Homes in 30274 had an average of 32 days on market in Oct 2024, up by 24.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30274 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 30274; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% 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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