Is 30577, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30577 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30577 was a Seller's Market.

Key Takeaway

30577 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30577, GA

How much do homes in 30577, GA cost?

Median Sold Price

$229,900

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,900(+12.1%)

Key Takeaway

Homes in 30577 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 30577 was $229,900 in October 2024, up 12.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $56.5K-
N/A
2 $149.4K$152.7K
+2.2%
3 $207.7K$227.9K
+9.7%
4 $335K$322.1K
-3.8%
5+ $391.5K$508K
+29.8%

Summary: 30577 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 29.8%.

Median Sold Price Compared To Nearby Zip Codes

30563
+12.9%
30577
+12.1%
30557
+4.6%
30538
+1.9%

Housing Supply in 30577, GA

How many homes are available in 30577, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113128+13.3%

Summary: The 30577 real estate market had 128 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1521
+40.0%
3 4957
+16.3%
4 3330
-9.1%
5+ 1518
+20.0%

Summary: The 30577 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17170.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30577, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 30577 in October 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% were sold over asking.

Days on Market for 30577, GA

How long does it take to sell a home in 30577, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days62 Days+170.7%

Summary: Homes in 30577 had an average of 62 days on market in Oct 2024, up by 170.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30577 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 30577; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% 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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