Is 30324, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30324 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30324 was a Seller's Market.

Key Takeaway

30324 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30324, GA

How much do homes in 30324, GA cost?

Median Sold Price

$547,165

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$91,332(+20.0%)

Key Takeaway

Homes in 30324 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 30324 was $547,165 in October 2024, up 20% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $209.8K$225K
+7.2%
2 $301.2K$316.5K
+5.1%
3 $558.9K$602.5K
+7.8%
4 $755.6K$815K
+7.8%
5+ $1.3M$1.3M
-0.5%

Summary: 30324 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

30305
+25.5%
30324
+20.0%
30309
+2.3%
30306
-0.1%
30329
-1.0%

Housing Supply in 30324, GA

How many homes are available in 30324, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
268321+19.8%

Summary: The 30324 real estate market had 321 homes for sale in October 2024, a 19.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3853
+39.5%
2 88105
+19.3%
3 7168
-4.2%
4 4661
+32.6%
5+ 2534
+36.0%

Summary: The 30324 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 19.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes increased by 36%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3542+20.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30324, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 30324 in October 2024, up by 20.0% month-over-month. Of the 40 sold homes, 65% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for 30324, GA

How long does it take to sell a home in 30324, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days40 Days+26.6%

Summary: Homes in 30324 had an average of 40 days on market in Oct 2024, up by 26.6% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30324 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in 30324; 55% of homes were sold within 30 days, 33% 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 23 Days Ago

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