Is 30548, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30548 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30548 was a Seller's Market.

Key Takeaway

30548 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 30548, GA

How much do homes in 30548, GA cost?

Median Sold Price

$495,005

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,004(+6.5%)

Key Takeaway

Homes in 30548 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 30548 was $495,005 in November 2024, up 6.5% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $450K$485K
+7.8%
3 $380K$413K
+8.7%
4 $449K$484.2K
+7.9%
5+ $593.2K$598.5K
+0.9%

Summary: 30548 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

30548
+6.5%
30011
+6.3%
30680
+4.3%
30517
+3.9%

Housing Supply in 30548, GA

How many homes are available in 30548, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
326330+1.2%

Summary: The 30548 real estate market had 330 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2733
+22.2%
3 8984
-5.6%
4 113107
-5.3%
5+ 97106
+9.3%

Summary: The 30548 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 22.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 9.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5548-12.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30548, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 30548 in November 2024, down by 12.7% month-over-month. Of the 48 sold homes, 54% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for 30548, GA

How long does it take to sell a home in 30548, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days60 Days+39.6%

Summary: Homes in 30548 had an average of 60 days on market in Nov 2024, up by 39.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30548 has remained consistent over time.

Summary: During November 2024, 48 homes were sold in 30548; 27% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 23% 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 30548, GA

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