Is 30342, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30342 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30342 has remained a Seller's Market.

Key Takeaway

30342 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30342, GA

How much do homes in 30342, GA cost?

Median Sold Price

$753,666

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$63,416(+9.2%)

Key Takeaway

Homes in 30342 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 30342 was $753,666 in October 2024, up 9.2% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$194.4K
-17.3%
2 $310K$386.5K
+24.7%
3 $580K$590K
+1.7%
4 $834.6K$955K
+14.4%
5+ $1.7M$1.9M
+12.1%

Summary: 30342 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Zip Codes

30305
+25.5%
30327
+16.7%
30342
+9.2%
30319
+5.4%
30326
-3.1%

Housing Supply in 30342, GA

How many homes are available in 30342, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
187193+3.2%

Summary: The 30342 real estate market had 193 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 139
-30.8%
2 3843
+13.2%
3 4344
+2.3%
4 3339
+18.2%
5+ 6058
-3.3%

Summary: The 30342 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 3.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3839+2.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30342, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 30342 in October 2024, up by 2.6% month-over-month. Of the 38 sold homes, 61% were sold under asking, 29% were sold at asking, and 11% were sold over asking.

Days on Market for 30342, GA

How long does it take to sell a home in 30342, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days33 Days+26.3%

Summary: Homes in 30342 had an average of 33 days on market in Oct 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30342 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 30342; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% 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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