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 October 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

$577,450

$292/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+0.9%)

Key Takeaway

Homes in 30559 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 30559 was $577,450 in October 2024, up 0.9% from last year, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $366.2K$400K
+9.2%
2 $405K$425K
+4.9%
3 $590K$580K
-1.7%
4 $865K$935K
+8.1%
5+ $789.7K$1.2M
+63.3%

Summary: 30559 housing prices by bedroom type for October 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 decreased by 1.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 63.3%.

Median Sold Price Compared To Nearby Zip Codes

30560
+8.4%
30513
+6.5%
30559
+0.9%

Housing Supply in 30559, GA

How many homes are available in 30559, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
206230+11.7%

Summary: The 30559 real estate market had 230 homes for sale in October 2024, a 11.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 810
+25.0%
2 2634
+30.8%
3 101108
+6.9%
4 5762
+8.8%
5+ 1416
+14.3%

Summary: The 30559 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 30559 in October 2024, up by 18.2% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
132 Days42 Days-68.0%

Summary: Homes in 30559 had an average of 42 days on market in Oct 2024, down by 68% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 13 homes were sold in 30559; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% 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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