Is 30506, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30506 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 30506 was a Seller's Market.

Key Takeaway

30506 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30506, GA

How much do homes in 30506, GA cost?

Median Sold Price

$449,999

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$31,585(+7.5%)

Key Takeaway

Homes in 30506 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 30506 was $449,999 in December 2024, up 7.5% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $289.9K$295K
+1.7%
2 $269K$265K
-1.5%
3 $342.7K$371.5K
+8.4%
4 $521.1K$535.6K
+2.8%
5+ $629K$677.5K
+7.7%

Summary: 30506 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Zip Codes

30527
+30.5%
30506
+7.5%
30504
+4.0%
30501
+3.5%
30564
-6.6%

Housing Supply in 30506, GA

How many homes are available in 30506, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
343339-1.2%

Summary: The 30506 real estate market had 339 homes for sale in December 2024, a 1.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1818
0.0%
3 125122
-2.4%
4 111112
+0.9%
5+ 8987
-2.2%

Summary: The 30506 housing inventory by bedroom type for December 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 2.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 2.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6048-20.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30506, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 30506 in December 2024, down by 20.0% month-over-month. Of the 45 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.

Days on Market for 30506, GA

How long does it take to sell a home in 30506, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days42 Days-8.9%

Summary: Homes in 30506 had an average of 42 days on market in Dec 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30506 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 48 homes were sold in 30506; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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 5 Days Ago

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