Is 30344, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30344 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30344 was a Seller's Market.

Key Takeaway

30344 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30344, GA

How much do homes in 30344, GA cost?

Median Sold Price

$274,980

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,020(-5.2%)

Key Takeaway

Homes in 30344 have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in 30344 was $274,980 in October 2024, down 5.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $110K$141.4K
+28.6%
2 $245K$199K
-18.8%
3 $290K$270K
-6.9%
4 $340K$349.9K
+2.9%
5+ $399.5K$395K
-1.1%

Summary: 30344 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

30337
+2.5%
30354
+1.6%
30349
0.2%
30344
-5.2%
30311
-7.9%

Housing Supply in 30344, GA

How many homes are available in 30344, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
265316+19.2%

Summary: The 30344 real estate market had 316 homes for sale in October 2024, a 19.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 3849
+28.9%
3 162194
+19.8%
4 4452
+18.2%
5+ 1919
0.0%

Summary: The 30344 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.9%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3544+25.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30344, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 30344 in October 2024, up by 25.7% month-over-month. Of the 38 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.

Days on Market for 30344, GA

How long does it take to sell a home in 30344, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days55 Days+150.9%

Summary: Homes in 30344 had an average of 55 days on market in Oct 2024, up by 150.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30344 has remained consistent over time.

Summary: During October 2024, 44 homes were sold in 30344; 34% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

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