$450,000
11.98 Acres
Land
Richard Bythewood, Listing Office: Greater Athens Properties
Is 30607, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 30607 was a Seller's Market.
Key Takeaway
30607 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 30607, GA
How much do homes in 30607, GA cost?
Median Sold Price
$364,900
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,405(+9.4%)
Key Takeaway
Homes in 30607 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 30607 was $364,900 in November 2024, up 9.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $205K | $235K | +14.6% |
| 3 Bedrooms | $300K | $290K | -3.3% |
| 4 Bedrooms | $355K | $439.7K | +23.9% |
| 5+ Bedrooms | $450K | $720K | +60.0% |
Summary: 30607 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 60%.
Housing Supply in 30607, GA
How many homes are available in 30607, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 62 | -13.9% |
Summary: The 30607 real estate market had 62 homes for sale in November 2024, a 13.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 24 | 17 | -29.2% |
| 4 Bedrooms | 33 | 30 | -9.1% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 30607 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30607, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 30607 in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 26 Days | -42.3% |
Summary: Homes in 30607 had an average of 26 days on market in Nov 2024, down by 42.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 30607 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 30607; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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