Is 30542, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30542 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 30542 has remained a Seller's Market.

Key Takeaway

30542 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30542, GA

How much do homes in 30542, GA cost?

Median Sold Price

$435,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.2%)

Key Takeaway

Homes in 30542 have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in 30542 was $435,000 in November 2024, up 1.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K$215K
-17.3%
2 $310K$369.8K
+19.3%
3 $370K$384K
+3.8%
4 $469.9K$457K
-2.7%
5+ $645K$617.5K
-4.3%

Summary: 30542 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

30519
+8.0%
30504
+6.6%
30566
+6.4%
30517
+3.9%
30542
+1.2%

Housing Supply in 30542, GA

How many homes are available in 30542, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
281308+9.6%

Summary: The 30542 real estate market had 308 homes for sale in November 2024, a 9.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1817
-5.6%
3 8899
+12.5%
4 109115
+5.5%
5+ 6677
+16.7%

Summary: The 30542 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 decreased by 5.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4171+73.2%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30542, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 30542 in November 2024, up by 73.2% month-over-month. Of the 70 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for 30542, GA

How long does it take to sell a home in 30542, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days50 Days+113.5%

Summary: Homes in 30542 had an average of 50 days on market in Nov 2024, up by 113.5% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30542 has remained consistent over time.

Summary: During November 2024, 71 homes were sold in 30542; 41% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% 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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Newest Listings in 30542, GA

Nearby Markets to 30542, GA

MLS Disclaimers and Copyright

Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:21:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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