Is 30553, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30553 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30553 was a Buyer's Market.

Key Takeaway

30553 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 30553, GA

How much do homes in 30553, GA cost?

Median Sold Price

$329,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,500(+20.7%)

Key Takeaway

Homes in 30553 have sold for 20.7% more than they did a year ago.

Summary: The median home sold price in 30553 was $329,000 in October 2024, up 20.7% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $117K$160K
+36.8%
2 $184K$162.5K
-11.7%
3 $257.4K$296.9K
+15.3%
4 $331.2K$420K
+26.8%
5+ $384.9K$780K
+102.6%

Summary: 30553 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 102.6%.

Median Sold Price Compared To Nearby Zip Codes

30553
+20.7%
30557
+4.6%
29643
-3.9%

Housing Supply in 30553, GA

How many homes are available in 30553, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5868+17.2%

Summary: The 30553 real estate market had 68 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 108
-20.0%
3 3243
+34.4%
4 88
0.0%
5+ 79
+28.6%

Summary: The 30553 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 34.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30553, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 30553 in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.

Days on Market for 30553, GA

How long does it take to sell a home in 30553, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days58 Days+25.2%

Summary: Homes in 30553 had an average of 58 days on market in Oct 2024, up by 25.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30553 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 30553; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

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