Is 30571, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30571 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30571 was a Seller's Market.

Key Takeaway

30571 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30571, GA

How much do homes in 30571, GA cost?

Median Sold Price

$400,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,000(+5.5%)

Key Takeaway

Homes in 30571 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 30571 was $400,000 in October 2024, up 5.5% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217.5K$289.5K
+33.1%
2 $265.7K$321.3K
+20.9%
3 $367.4K$398K
+8.3%
4 $445.5K$473.4K
+6.3%
5+ $447K$475.9K
+6.5%

Summary: 30571 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.1%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

30546
+11.6%
30545
+10.3%
30571
+5.5%
30528
0.2%
30523
-11.0%

Housing Supply in 30571, GA

How many homes are available in 30571, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4652+13.0%

Summary: The 30571 real estate market had 52 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 913
+44.4%
3 2627
+3.8%
4 78
+14.3%
5+ 10
-100.0%

Summary: The 30571 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30571, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 30571 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 30571, GA

How long does it take to sell a home in 30571, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days82 Days+297.6%

Summary: Homes in 30571 had an average of 82 days on market in Oct 2024, up by 297.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Most homes in 30571 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in 30571; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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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