Is 30294, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30294 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30294 was a Seller's Market.

Key Takeaway

30294 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 30294, GA

How much do homes in 30294, GA cost?

Median Sold Price

$300,000

$137/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 30294 has remained the same since last year.

Summary: The median home sold price in 30294 was $300,000 in October 2024, the same as last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $161.7K$190K
+17.5%
3 $260K$255K
-1.9%
4 $322.5K$320K
-0.8%
5+ $375K$375K
0.0%

Summary: 30294 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 17.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30288
+9.0%
30034
+5.3%
30273
+3.6%
30260
+2.2%
30294
0.0%

Housing Supply in 30294, GA

How many homes are available in 30294, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
203237+16.7%

Summary: The 30294 real estate market had 237 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 7798
+27.3%
4 8186
+6.2%
5+ 3946
+17.9%

Summary: The 30294 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 16.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 17.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2934+17.2%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30294, you may be able to get a good deal. 69.7% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 30294 in October 2024, up by 17.2% month-over-month. Of the 33 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 30294, GA

How long does it take to sell a home in 30294, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days59 Days+98.0%

Summary: Homes in 30294 had an average of 59 days on market in Oct 2024, up by 98% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30294 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 34 homes were sold in 30294; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 16 Days Ago

Newest Listings in 30294, GA

Nearby Markets to 30294, GA