Is 30656, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30656 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30656 was a Seller's Market.

Key Takeaway

30656 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 30656, GA

How much do homes in 30656, GA cost?

Median Sold Price

$438,366

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,033(+4.8%)

Key Takeaway

Homes in 30656 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 30656 was $438,366 in November 2024, up 4.8% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $325K$295K
-9.2%
3 $330K$352.5K
+6.8%
4 $434.9K$449.9K
+3.4%
5+ $522.4K$550K
+5.3%

Summary: 30656 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 decreased by 9.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

30666
+11.2%
30656
+4.8%
30620
+4.3%
30680
+4.3%
30655
0.1%

Housing Supply in 30656, GA

How many homes are available in 30656, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113126+11.5%

Summary: The 30656 real estate market had 126 homes for sale in November 2024, a 11.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 13
+200.0%
3 2628
+7.7%
4 6169
+13.1%
5+ 2325
+8.7%

Summary: The 30656 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30656, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 30656 in November 2024, up by 50.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.

Days on Market for 30656, GA

How long does it take to sell a home in 30656, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days47 Days+66.1%

Summary: Homes in 30656 had an average of 47 days on market in Nov 2024, up by 66.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 30656 has remained consistent over time.

Summary: During November 2024, 21 homes were sold in 30656; 33% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 14% 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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