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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30281 is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

30281 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 30281, GA

How much do homes in 30281, GA cost?

Median Sold Price

$295,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,251(-2.1%)

Key Takeaway

Homes in 30281 have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in 30281 was $295,000 in October 2024, down 2.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$180K
N/A
2 $199.5K$195K
-2.3%
3 $272.7K$266.5K
-2.3%
4 $349.2K$340K
-2.6%
5+ $429K$450K
+4.9%

Summary: 30281 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 decreased by 2.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

30236
+6.8%
30273
+3.6%
30294
0.0%
30253
0.0%
30281
-2.1%

Housing Supply in 30281, GA

How many homes are available in 30281, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
393443+12.7%

Summary: The 30281 real estate market had 443 homes for sale in October 2024, a 12.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1923
+21.1%
3 193206
+6.7%
4 115130
+13.0%
5+ 6583
+27.7%

Summary: The 30281 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 21.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 27.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7273+1.4%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30281, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in 30281 in October 2024, up by 1.4% month-over-month. Of the 62 sold homes, 53% were sold under asking, 29% 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

Oct 2023Oct 2024CHANGE
24 Days56 Days+134.6%

Summary: Homes in 30281 had an average of 56 days on market in Oct 2024, up by 134.6% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30281 has remained consistent over time.

Summary: During October 2024, 73 homes were sold in 30281; 37% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 23% 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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