$2,601 Closing Credit*
$219,000
Rob Fountain, Listing Office: Fathom Realty GA, LLC
Is 30316, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 30316 was a Seller's Market.
Key Takeaway
30316 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 30316, GA
How much do homes in 30316, GA cost?
Median Sold Price
$443,571
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$6,428(-1.4%)
Key Takeaway
Homes in 30316 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 30316 was $443,571 in December 2024, down 1.4% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325.5K | $312.4K | -4.0% |
| 2 Bedrooms | $420K | $397.8K | -5.3% |
| 3 Bedrooms | $425K | $445K | +4.7% |
| 4 Bedrooms | $595K | $625K | +5.0% |
| 5+ Bedrooms | $670K | $728K | +8.7% |
Summary: 30316 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 30316, GA
How many homes are available in 30316, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 292 | 322 | +10.3% |
Summary: The 30316 real estate market had 322 homes for sale in December 2024, a 10.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 13 | +18.2% |
| 2 Bedrooms | 51 | 51 | 0.0% |
| 3 Bedrooms | 147 | 163 | +10.9% |
| 4 Bedrooms | 69 | 79 | +14.5% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 30316 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 53 | +17.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30316, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 30316 in December 2024, up by 17.8% month-over-month. Of the 52 sold homes, 44% were sold under asking, 37% were sold at asking, and 19% were sold over asking.
Days on Market for 30316, GA
How long does it take to sell a home in 30316, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 44 Days | +7.7% |
Summary: Homes in 30316 had an average of 44 days on market in Dec 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 30316 has remained consistent over time.
Summary: During December 2024, 53 homes were sold in 30316; 42% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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