Is 30557, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30557 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30557 was a Seller's Market.

Key Takeaway

30557 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30557, GA

How much do homes in 30557, GA cost?

Median Sold Price

$349,900

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,900(+12.1%)

Key Takeaway

Homes in 30557 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 30557 was $349,900 in November 2024, up 12.1% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$150K
-25.0%
2 $148.5K$118.5K
-20.2%
3 $313.5K$327.5K
+4.5%
4 $500.7K$379.9K
-24.1%
5+ -$582K
N/A

Summary: 30557 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

30553
+27.3%
30577
+12.7%
30557
+12.1%
29693
-1.2%
30538
-3.5%

Housing Supply in 30557, GA

How many homes are available in 30557, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4245+7.1%

Summary: The 30557 real estate market had 45 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 56
+20.0%
3 2728
+3.7%
4 66
0.0%
5+ 21
-50.0%

Summary: The 30557 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30557, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 30557 in November 2024, up by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for 30557, GA

How long does it take to sell a home in 30557, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
87 Days62 Days-28.2%

Summary: Homes in 30557 had an average of 62 days on market in Nov 2024, down by 28.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30557 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 30557; 33% of homes were sold within 30 days, 33% 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

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