Is 30511, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30511 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 30511 was a Buyer's Market.

Key Takeaway

30511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30511, GA

How much do homes in 30511, GA cost?

Median Sold Price

$363,247

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$6,752(-1.8%)

Key Takeaway

Homes in 30511 have sold for 1.8% less than they did a month ago.

Summary: The median home sold price in 30511 was $363,247 in October 2024, down 1.8% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $370K$326.4K
-11.8%
4 -$579K
N/A
5+ --
N/A

Summary: 30511 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 30511, GA

How many homes are available in 30511, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1114+27.3%

Summary: The 30511 real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 24
+100.0%
5+ 23
+50.0%

Summary: The 30511 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30511, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 30511 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 30511, GA

How long does it take to sell a home in 30511, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
33 Days60 Days+81.8%

Summary: Homes in 30511 had an average of 60 days on market in Oct 2024, up by 81.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30511 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 30511; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 24 Days Ago

Newest Listings in 30511, GA

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