Is 30307, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30307 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 30307 has remained a Seller's Market.

Key Takeaway

30307 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30307, GA

How much do homes in 30307, GA cost?

Median Sold Price

$645,000

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$41,333(-6.0%)

Key Takeaway

Homes in 30307 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 30307 was $645,000 in November 2024, down 6% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $340K$337.5K
-0.7%
2 $469.5K$490K
+4.4%
3 $708.7K$645K
-9.0%
4 $910K$930.1K
+2.2%
5+ $1.3M$1.2M
-8.6%

Summary: 30307 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Zip Codes

30030
+7.0%
30317
+2.3%
30306
+2.1%
30307
-6.0%

Housing Supply in 30307, GA

How many homes are available in 30307, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
141139-1.4%

Summary: The 30307 real estate market had 139 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2114
-33.3%
2 2426
+8.3%
3 4741
-12.8%
4 3542
+20.0%
5+ 1416
+14.3%

Summary: The 30307 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3326-21.2%

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 30307, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 30307 in November 2024, down by 21.2% 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 30307, GA

How long does it take to sell a home in 30307, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days37 Days+54.3%

Summary: Homes in 30307 had an average of 37 days on market in Nov 2024, up by 54.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30307 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in 30307; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 12% 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 27 Days Ago

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