Is 30547, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30547 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30547 was a Seller's Market.

Key Takeaway

30547 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30547, GA

How much do homes in 30547, GA cost?

Median Sold Price

$388,965

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,065(+9.6%)

Key Takeaway

Homes in 30547 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 30547 was $388,965 in October 2024, up 9.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60.5K$190K
+214.0%
2 $230K$305K
+32.6%
3 $354.9K$323.5K
-8.8%
4 $347.9K$407.5K
+17.1%
5+ $486.7K$399K
-18.0%

Summary: 30547 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 214%, 2 bedroom homes increased by 32.6%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes decreased by 18%.

Median Sold Price Compared To Nearby Zip Codes

30547
+9.6%
30529
+5.3%
30558
+4.2%
30510
0%

Housing Supply in 30547, GA

How many homes are available in 30547, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3638+5.6%

Summary: The 30547 real estate market had 38 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1717
0.0%
4 1213
+8.3%
5+ 66
0.0%

Summary: The 30547 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 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 30547, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 30547 in October 2024, up by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 30547, GA

How long does it take to sell a home in 30547, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days16 Days-65.3%

Summary: Homes in 30547 had an average of 16 days on market in Oct 2024, down by 65.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30547 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 30547; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 30547, GA

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