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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30342 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30342 was a Seller's Market.

Key Takeaway

30342 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30342, GA

How much do homes in 30342, GA cost?

Median Sold Price

$770,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$59,166(+8.3%)

Key Takeaway

Homes in 30342 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 30342 was $770,000 in November 2024, up 8.3% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$198K
-10.0%
2 $310K$388.2K
+25.2%
3 $580K$590K
+1.7%
4 $850K$941.2K
+10.7%
5+ $1.7M$1.8M
+5.6%

Summary: 30342 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 25.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Zip Codes

30305
+25.4%
30327
+13.6%
30342
+8.3%
30319
+5.4%
30326
-3.4%

Housing Supply in 30342, GA

How many homes are available in 30342, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
173168-2.9%

Summary: The 30342 real estate market had 168 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 910
+11.1%
2 3740
+8.1%
3 3836
-5.3%
4 3528
-20.0%
5+ 5454
0.0%

Summary: The 30342 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3919-51.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 84.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 30342 in November 2024, down by 51.3% month-over-month. Of the 19 sold homes, 84% were sold under asking, 11% were sold at asking, and 5% 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

Nov 2023Nov 2024CHANGE
33 Days23 Days-29.5%

Summary: Homes in 30342 had an average of 23 days on market in Nov 2024, down by 29.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 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 November 2024, 19 homes were sold in 30342; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% 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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