Is 30401, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30401 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30401 was a Seller's Market.

Key Takeaway

30401 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 30401, GA

How much do homes in 30401, GA cost?

Median Sold Price

$189,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+13.5%)

Key Takeaway

Homes in 30401 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 30401 was $189,000 in November 2024, up 13.5% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89.9K$117.5K
+30.7%
2 $102.7K$93.7K
-8.8%
3 $142K$195K
+37.3%
4 $197.7K$210.5K
+6.4%
5+ $251K$149.5K
-40.4%

Summary: 30401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 37.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 40.4%.

Median Sold Price Compared To Nearby Zip Codes

31002
+27.0%
30401
+13.5%

Housing Supply in 30401, GA

How many homes are available in 30401, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2928-3.4%

Summary: The 30401 real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1614
-12.5%
4 1213
+8.3%
5+ 11
0.0%

Summary: The 30401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30401, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 30401 in November 2024, up by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 30401, GA

How long does it take to sell a home in 30401, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days51 Days+94.7%

Summary: Homes in 30401 had an average of 51 days on market in Nov 2024, up by 94.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30401 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 30401; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 18 Days Ago

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