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 October 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

$494,730

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,230(+6.3%)

Key Takeaway

Homes in 30548 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 30548 was $494,730 in October 2024, up 6.3% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $448.9K$490K
+9.1%
3 $380K$410K
+7.9%
4 $447K$481.5K
+7.7%
5+ $585K$594.5K
+1.6%

Summary: 30548 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

30011
+9.4%
30548
+6.3%
30517
+4.3%
30680
+3.1%
30567
-0.2%

Housing Supply in 30548, GA

How many homes are available in 30548, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
329351+6.7%

Summary: The 30548 real estate market had 351 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3429
-14.7%
3 8690
+4.7%
4 119121
+1.7%
5+ 90111
+23.3%

Summary: The 30548 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 decreased by 14.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 23.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6252-16.1%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

0 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. 72% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in 30548 in October 2024, down by 16.1% month-over-month. Of the 50 sold homes, 72% were sold under asking, 28% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
35 Days62 Days+76.7%

Summary: Homes in 30548 had an average of 62 days on market in Oct 2024, up by 76.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

30 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 October 2024, 52 homes were sold in 30548; 21% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

Newest Listings in 30548, GA

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