Is 30701, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30701 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30701 was a Seller's Market.

Key Takeaway

30701 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 30701, GA

How much do homes in 30701, GA cost?

Median Sold Price

$280,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+5.7%)

Key Takeaway

Homes in 30701 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 30701 was $280,000 in November 2024, up 5.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K$146.1K
+27.1%
2 $185K$229.4K
+24.0%
3 $259.9K$265K
+2.0%
4 $293.7K$334.4K
+13.9%
5+ $359.9K$554.9K
+54.2%

Summary: 30701 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 54.2%.

Median Sold Price Compared To Nearby Zip Codes

30701
+5.7%
30103
+2.4%

Housing Supply in 30701, GA

How many homes are available in 30701, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
191206+7.9%

Summary: The 30701 real estate market had 206 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1519
+26.7%
3 119124
+4.2%
4 4348
+11.6%
5+ 1214
+16.7%

Summary: The 30701 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 26.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2730+11.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30701, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 30701 in November 2024, up by 11.1% month-over-month. Of the 30 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 30701, GA

How long does it take to sell a home in 30701, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days52 Days+111.3%

Summary: Homes in 30701 had an average of 52 days on market in Nov 2024, up by 111.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30701 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 30701; 50% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% 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

Newest Listings in 30701, GA

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