Is 30559, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30559 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30559 was a Seller's Market.

Key Takeaway

30559 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30559, GA

How much do homes in 30559, GA cost?

Median Sold Price

$583,750

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,150(-1.0%)

Key Takeaway

Homes in 30559 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 30559 was $583,750 in November 2024, down 1% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $366.2K$400K
+9.2%
2 $405K$425K
+4.9%
3 $595K$627.4K
+5.5%
4 $865K$935K
+8.1%
5+ $850K$957.5K
+12.6%

Summary: 30559 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Zip Codes

30560
+11.8%
30513
+9.9%
30559
-1.0%
30555
-29.3%

Housing Supply in 30559, GA

How many homes are available in 30559, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
177194+9.6%

Summary: The 30559 real estate market had 194 homes for sale in November 2024, a 9.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 87
-12.5%
2 3032
+6.7%
3 7780
+3.9%
4 4860
+25.0%
5+ 1415
+7.1%

Summary: The 30559 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30559, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 30559 in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for 30559, GA

How long does it take to sell a home in 30559, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
73 Days102 Days+39.9%

Summary: Homes in 30559 had an average of 102 days on market in Nov 2024, up by 39.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30559 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 30559; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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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