Is 30523, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30523 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30523 has remained a Seller's Market.

Key Takeaway

30523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30523, GA

How much do homes in 30523, GA cost?

Median Sold Price

$352,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$43,500(-11.0%)

Key Takeaway

Homes in 30523 have sold for 11% less than they did a year ago.

Summary: The median home sold price in 30523 was $352,500 in October 2024, down 11% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$175K
-2.8%
2 $242.5K$262.5K
+8.2%
3 $315K$329.9K
+4.7%
4 $552.4K$451.5K
-18.3%
5+ $679K$787K
+15.9%

Summary: 30523 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes increased by 15.9%.

Median Sold Price Compared To Nearby Zip Codes

30552
+22.5%
30571
+5.5%
30576
-9.2%
30523
-11.0%

Housing Supply in 30523, GA

How many homes are available in 30523, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
131126-3.8%

Summary: The 30523 real estate market had 126 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 85
-37.5%
2 1517
+13.3%
3 6467
+4.7%
4 2825
-10.7%
5+ 1612
-25.0%

Summary: The 30523 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2223+4.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30523, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 30523 in October 2024, up by 4.5% month-over-month. Of the 21 sold homes, 67% were sold under asking, 19% were sold at asking, and 14% were sold over asking.

Days on Market for 30523, GA

How long does it take to sell a home in 30523, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days60 Days+61.4%

Summary: Homes in 30523 had an average of 60 days on market in Oct 2024, up by 61.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30523 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 30523; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% 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 14 Days Ago

Newest Listings in 30523, GA

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