Is 30350, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30350 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30350 was a Seller's Market.

Key Takeaway

30350 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30350, GA

How much do homes in 30350, GA cost?

Median Sold Price

$509,166

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,166(+4.3%)

Key Takeaway

Homes in 30350 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 30350 was $509,166 in October 2024, up 4.3% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $168K$180K
+7.1%
2 $242.7K$252.8K
+4.1%
3 $355K$360K
+1.4%
4 $740K$765K
+3.4%
5+ $935K$975K
+4.3%

Summary: 30350 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

30328
+18.0%
30360
+8.5%
30076
+6.9%
30350
+4.3%
30338
+3.1%

Housing Supply in 30350, GA

How many homes are available in 30350, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
162175+8.0%

Summary: The 30350 real estate market had 175 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 913
+44.4%
2 5655
-1.8%
3 2428
+16.7%
4 2121
0.0%
5+ 5258
+11.5%

Summary: The 30350 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3126-16.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30350, you may be able to get a good deal. 44% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 30350 in October 2024, down by 16.1% month-over-month. Of the 25 sold homes, 44% were sold under asking, 44% were sold at asking, and 12% were sold over asking.

Days on Market for 30350, GA

How long does it take to sell a home in 30350, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days29 Days+19.4%

Summary: Homes in 30350 had an average of 29 days on market in Oct 2024, up by 19.4% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30350 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 30350; 65% of homes were sold within 30 days, 23% 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 13 Days Ago

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