Is 30305, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30305 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 30305 was a Seller's Market.

Key Takeaway

30305 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 30305, GA

How much do homes in 30305, GA cost?

Median Sold Price

$811,716

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$179,502(+28.4%)

Key Takeaway

Homes in 30305 have sold for 28.4% more than they did a year ago.

Summary: The median home sold price in 30305 was $811,716 in May 2024, up 28.4% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $239K$243K
+1.7%
2 $399K$560K
+40.4%
3 $811.7K$875K
+7.8%
4 $1.3M$1.3M
-0.9%
5+ $1.7M$1.8M
+7.3%

Summary: 30305 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 40.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

30305
+28.4%
30324
+16.5%
30327
+14.4%
30326
+8.6%
30309
+5.7%

Housing Supply in 30305, GA

How many homes are available in 30305, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
318349+9.7%

Summary: The 30305 real estate market had 349 homes for sale in May 2024, a 9.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 6982
+18.8%
2 7993
+17.7%
3 6259
-4.8%
4 4242
0.0%
5+ 6673
+10.6%

Summary: The 30305 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 17.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6054-10.0%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30305, you may be able to get a good deal. 56.6% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 30305 in May 2024, down by 10.0% month-over-month. Of the 53 sold homes, 57% were sold under asking, 8% were sold at asking, and 36% were sold over asking.

Days on Market for 30305, GA

How long does it take to sell a home in 30305, GA?

Average Sale Time

May 2023May 2024CHANGE
31 Days40 Days+29.0%

Summary: Homes in 30305 had an average of 40 days on market in May 2024, up by 29% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30305 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 54 homes were sold in 30305; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% 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 3 Days Ago

Newest Listings in 30305, GA

Nearby Markets to 30305, GA