Is 30540, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30540 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30540 was a Seller's Market.

Key Takeaway

30540 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30540, GA

How much do homes in 30540, GA cost?

Median Sold Price

$450,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,700(+7.1%)

Key Takeaway

Homes in 30540 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 30540 was $450,000 in November 2024, up 7.1% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89.5K$136K
+52.0%
2 $369.5K$398K
+7.7%
3 $449.7K$466.5K
+3.7%
4 $509K$619K
+21.6%
5+ $629K$815K
+29.6%

Summary: 30540 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 29.6%.

Median Sold Price Compared To Nearby Zip Codes

30522
+13.0%
30175
+11.4%
30540
+7.1%
30705
0.0%
30536
-0.6%

Housing Supply in 30540, GA

How many homes are available in 30540, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
527591+12.1%

Summary: The 30540 real estate market had 591 homes for sale in November 2024, a 12.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4958
+18.4%
2 110131
+19.1%
3 248265
+6.9%
4 86100
+16.3%
5+ 3437
+8.8%

Summary: The 30540 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 8.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4134-17.1%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30540, you may be able to get a good deal. 97% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 30540 in November 2024, down by 17.1% month-over-month. Of the 33 sold homes, 97% were sold under asking, 3% were sold at asking, and 0% were sold over asking.

Days on Market for 30540, GA

How long does it take to sell a home in 30540, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days70 Days+17.2%

Summary: Homes in 30540 had an average of 70 days on market in Nov 2024, up by 17.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 30540 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 34 homes were sold in 30540; 26% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 38% 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 17 Days Ago

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