Is 30306, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30306 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30306 was a Seller's Market.

Key Takeaway

30306 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 30306, GA

How much do homes in 30306, GA cost?

Median Sold Price

$814,333

$400/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$666(-0.1%)

Key Takeaway

The sold price of homes in 30306 has remained the same since last year.

Summary: The median home sold price in 30306 was $814,333 in October 2024, down 0.1% from last year, and the median price per square foot was $400.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $266K$292.5K
+10.0%
2 $428.4K$431.5K
+0.7%
3 $856K$842K
-1.6%
4 $1.1M$1.2M
+5.0%
5+ $1.8M$2.0M
+11.1%

Summary: 30306 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

30324
+20.0%
30309
+2.3%
30306
-0.1%
30307
-0.5%

Housing Supply in 30306, GA

How many homes are available in 30306, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
150175+16.7%

Summary: The 30306 real estate market had 175 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3040
+33.3%
2 2125
+19.0%
3 3340
+21.2%
4 2727
0.0%
5+ 3943
+10.3%

Summary: The 30306 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 21.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3628-22.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30306, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 30306 in October 2024, down by 22.2% month-over-month. Of the 26 sold homes, 58% were sold under asking, 15% were sold at asking, and 27% were sold over asking.

Days on Market for 30306, GA

How long does it take to sell a home in 30306, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days30 Days+10.2%

Summary: Homes in 30306 had an average of 30 days on market in Oct 2024, up by 10.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30306 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 30306; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 4% 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 23 Days Ago

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