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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30547 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 30547 has remained a Seller's Market.

Key Takeaway

30547 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30547, GA

How much do homes in 30547, GA cost?

Median Sold Price

$385,685

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,685(+9.3%)

Key Takeaway

Homes in 30547 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 30547 was $385,685 in November 2024, up 9.3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $60.5K$190K
+214.0%
2 $230K$305K
+32.6%
3 $354.9K$323.5K
-8.8%
4 $343.9K$407.5K
+18.5%
5+ $486.7K$400.5K
-17.7%

Summary: 30547 housing prices by bedroom type for November 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 18.5%, and 5+ bedroom homes decreased by 17.7%.

Median Sold Price Compared To Nearby Zip Codes

30547
+9.3%
30529
+2.2%
30558
+0.9%
30510
+0.9%

Housing Supply in 30547, GA

How many homes are available in 30547, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
38380.0%

Summary: The 30547 real estate market had 38 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 1713
-23.5%
4 1311
-15.4%
5+ 69
+50.0%

Summary: The 30547 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 increased by 150%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 30547 in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
28 Days68 Days+141.2%

Summary: Homes in 30547 had an average of 68 days on market in Nov 2024, up by 141.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 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 November 2024, 9 homes were sold in 30547; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in 30547, GA

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