Is 30281, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30281 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30281 was a Seller's Market.

Key Takeaway

30281 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30281, GA

How much do homes in 30281, GA cost?

Median Sold Price

$299,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in 30281 has remained the same since last year.

Summary: The median home sold price in 30281 was $299,000 in November 2024, down 0.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$180K
N/A
2 $199K$196K
-1.5%
3 $270.5K$270.3K
-0.1%
4 $349K$335K
-4.0%
5+ $418.6K$450K
+7.5%

Summary: 30281 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 decreased by 1.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

30236
+6.4%
30273
+3.9%
30294
0.0%
30253
0.0%
30281
-0.3%

Housing Supply in 30281, GA

How many homes are available in 30281, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
393400+1.8%

Summary: The 30281 real estate market had 400 homes for sale in November 2024, a 1.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2115
-28.6%
3 175197
+12.6%
4 113111
-1.8%
5+ 8376
-8.4%

Summary: The 30281 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 decreased by 28.6%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 8.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7354-26.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30281, expect to pay close to the asking price. 42.2% of homes here sold near the asking price last month.

Summary: A total of 54 homes were sold or pending in 30281 in November 2024, down by 26.0% month-over-month. Of the 45 sold homes, 40% were sold under asking, 42% were sold at asking, and 18% were sold over asking.

Days on Market for 30281, GA

How long does it take to sell a home in 30281, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days38 Days+46.9%

Summary: Homes in 30281 had an average of 38 days on market in Nov 2024, up by 46.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30281 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 54 homes were sold in 30281; 56% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 7% 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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