Is 30607, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30607 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 30607 has remained a Seller's Market.

Key Takeaway

30607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30607, GA

How much do homes in 30607, GA cost?

Median Sold Price

$364,900

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,911(+10.6%)

Key Takeaway

Homes in 30607 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 30607 was $364,900 in October 2024, up 10.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$240K
N/A
2 $204.5K$235K
+14.9%
3 $300K$292K
-2.7%
4 $350K$439.7K
+25.6%
5+ $450K$689K
+53.1%

Summary: 30607 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 14.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 53.1%.

Median Sold Price Compared To Nearby Zip Codes

30622
+12.8%
30565
+12.3%
30607
+10.6%
30601
+6.6%
30606
+2.8%

Housing Supply in 30607, GA

How many homes are available in 30607, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7176+7.0%

Summary: The 30607 real estate market had 76 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 3227
-15.6%
4 3032
+6.7%
5+ 712
+71.4%

Summary: The 30607 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 71.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

9 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 30607, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 30607 in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.

Days on Market for 30607, GA

How long does it take to sell a home in 30607, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days76 Days+110.7%

Summary: Homes in 30607 had an average of 76 days on market in Oct 2024, up by 110.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30607 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 30607; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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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