Is 30648, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30648 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 30648 has remained a Seller's Market.

Key Takeaway

30648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30648, GA

How much do homes in 30648, GA cost?

Median Sold Price

$285,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in 30648 has remained the same since last year.

Summary: The median home sold price in 30648 was $285,000 in December 2024, down 0.3% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$150K
N/A
2 $191K$250K
+30.9%
3 $292.5K$275K
-6.0%
4 $360K$355K
-1.4%
5+ $307.5K$385K
+25.2%

Summary: 30648 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.9%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 25.2%.

Housing Supply in 30648, GA

How many homes are available in 30648, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
85-37.5%

Summary: The 30648 real estate market had 5 homes for sale in December 2024, a 37.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 53
-40.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 30648 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30648, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 30648 in December 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 30648, GA

How long does it take to sell a home in 30648, GA?

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days69 Days+171.7%

Summary: Homes in 30648 had an average of 69 days on market in Dec 2024, up by 171.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30648 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 30648; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

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