Is 30277, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30277 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30277 was a Seller's Market.

Key Takeaway

30277 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 30277, GA

How much do homes in 30277, GA cost?

Median Sold Price

$425,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-2.3%)

Key Takeaway

Homes in 30277 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 30277 was $425,000 in November 2024, down 2.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$315K
N/A
3 $358.8K$360K
0.3%
4 $488K$465K
-4.7%
5+ $550K$660K
+20.0%

Summary: 30277 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 did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Zip Codes

30290
+8.1%
30276
+4.1%
30269
+2.9%
30265
+1.2%
30277
-2.3%

Housing Supply in 30277, GA

How many homes are available in 30277, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10093-7.0%

Summary: The 30277 real estate market had 93 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 3133
+6.5%
4 5545
-18.2%
5+ 1415
+7.1%

Summary: The 30277 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 increased by 6.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2315-34.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30277, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 30277 in November 2024, down by 34.8% month-over-month. Of the 15 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.

Days on Market for 30277, GA

How long does it take to sell a home in 30277, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days48 Days+159.3%

Summary: Homes in 30277 had an average of 48 days on market in Nov 2024, up by 159.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30277 has remained consistent over time.

Summary: During November 2024, 15 homes were sold in 30277; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in 30277, GA

Nearby Markets to 30277, GA