Is 30338, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30338 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30338 has remained a Seller's Market.

Key Takeaway

30338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30338, GA

How much do homes in 30338, GA cost?

Median Sold Price

$675,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+3.1%)

Key Takeaway

Homes in 30338 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 30338 was $675,000 in October 2024, up 3.1% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $243K$247K
+1.6%
2 $325.5K$317.5K
-2.5%
3 $567.5K$565K
-0.4%
4 $667K$701K
+5.1%
5+ $800K$880K
+10.0%

Summary: 30338 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

30328
+18.0%
30360
+8.5%
30350
+4.3%
30338
+3.1%

Housing Supply in 30338, GA

How many homes are available in 30338, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
160168+5.0%

Summary: The 30338 real estate market had 168 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1317
+30.8%
2 2724
-11.1%
3 2227
+22.7%
4 5553
-3.6%
5+ 4347
+9.3%

Summary: The 30338 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 9.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4349+14.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30338, you may be able to get a good deal. 39.6% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 30338 in October 2024, up by 14.0% month-over-month. Of the 48 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.

Days on Market for 30338, GA

How long does it take to sell a home in 30338, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days40 Days+260.5%

Summary: Homes in 30338 had an average of 40 days on market in Oct 2024, up by 260.5% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30338 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 49 homes were sold in 30338; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 21 Days Ago

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