Is 30314, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30314 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30314 was a Seller's Market.

Key Takeaway

30314 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30314, GA

How much do homes in 30314, GA cost?

Median Sold Price

$289,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,666(-3.2%)

Key Takeaway

Homes in 30314 have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in 30314 was $289,500 in October 2024, down 3.2% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$142.5K
-1.7%
2 $180K$159.9K
-11.2%
3 $299K$270K
-9.7%
4 $393.2K$373K
-5.1%
5+ $347.4K$341.2K
-1.8%

Summary: 30314 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

30313
+9.3%
30303
+0.7%
30318
+0.7%
30310
-1.6%
30314
-3.2%

Housing Supply in 30314, GA

How many homes are available in 30314, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
180222+23.3%

Summary: The 30314 real estate market had 222 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1515
0.0%
3 78104
+33.3%
4 6172
+18.0%
5+ 2429
+20.8%

Summary: The 30314 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 20.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1724+41.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30314, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 30314 in October 2024, up by 41.2% month-over-month. Of the 21 sold homes, 52% were sold under asking, 10% were sold at asking, and 38% were sold over asking.

Days on Market for 30314, GA

How long does it take to sell a home in 30314, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days38 Days-17.9%

Summary: Homes in 30314 had an average of 38 days on market in Oct 2024, down by 17.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30314 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 30314; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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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