Is 30309, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30309 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30309 was a Seller's Market.

Key Takeaway

30309 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30309, GA

How much do homes in 30309, GA cost?

Median Sold Price

$405,650

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,947(+2.3%)

Key Takeaway

Homes in 30309 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 30309 was $405,650 in October 2024, up 2.3% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $285K$293.5K
+3.0%
2 $459.1K$440K
-4.2%
3 $899K$783.5K
-12.8%
4 $1.1M$1.1M
+5.2%
5+ $1.8M$2.2M
+17.3%

Summary: 30309 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Zip Codes

30324
+20.0%
30309
+2.3%
30318
+0.7%
30308
0.1%
30306
-0.1%

Housing Supply in 30309, GA

How many homes are available in 30309, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
346387+11.8%

Summary: The 30309 real estate market had 387 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 121138
+14.0%
2 143158
+10.5%
3 4342
-2.3%
4 1823
+27.8%
5+ 2126
+23.8%

Summary: The 30309 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 23.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5653-5.4%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30309, you may be able to get a good deal. 66% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 30309 in October 2024, down by 5.4% month-over-month. Of the 50 sold homes, 66% were sold under asking, 22% were sold at asking, and 12% were sold over asking.

Days on Market for 30309, GA

How long does it take to sell a home in 30309, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days59 Days+128.6%

Summary: Homes in 30309 had an average of 59 days on market in Oct 2024, up by 128.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30309 has remained consistent over time.

Summary: During October 2024, 53 homes were sold in 30309; 36% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 26% 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

Newest Listings in 30309, GA

Nearby Markets to 30309, GA