Is 30650, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30650 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30650 was a Seller's Market.

Key Takeaway

30650 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30650, GA

How much do homes in 30650, GA cost?

Median Sold Price

$465,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,525(+0.3%)

Key Takeaway

The sold price of homes in 30650 has remained the same since last year.

Summary: The median home sold price in 30650 was $465,000 in November 2024, up 0.3% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $359K$159K
-55.7%
2 $329.8K$265K
-19.7%
3 $385K$375K
-2.6%
4 $484.2K$565K
+16.7%
5+ $529.6K$642.9K
+21.4%

Summary: 30650 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

30663
+14.2%
30641
+10.4%
30625
+4.6%
30650
0.3%

Housing Supply in 30650, GA

How many homes are available in 30650, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9286-6.5%

Summary: The 30650 real estate market had 86 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 3632
-11.1%
4 3226
-18.8%
5+ 1418
+28.6%

Summary: The 30650 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

6 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 30650, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 30650 in November 2024, down by 47.1% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 30650, GA

How long does it take to sell a home in 30650, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days65 Days+24.4%

Summary: Homes in 30650 had an average of 65 days on market in Nov 2024, up by 24.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30650 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in 30650; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% 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 21 Days Ago

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