$4,214 Closing Credit*
$354,900
4 Beds
•3 Full Baths
Renae Wells, Listing Office: Maximum One Community Realtors
Is 30701, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 30701 was a Seller's Market.
Key Takeaway
30701 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 30701, GA
How much do homes in 30701, GA cost?
Median Sold Price
$275,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,500(+4.0%)
Key Takeaway
Homes in 30701 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 30701 was $275,500 in October 2024, up 4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $146.1K | +27.1% |
| 2 Bedrooms | $177K | $214K | +20.9% |
| 3 Bedrooms | $259.9K | $264.5K | +1.8% |
| 4 Bedrooms | $298.6K | $329.4K | +10.3% |
| 5+ Bedrooms | $357.4K | $549.9K | +53.8% |
Summary: 30701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 53.8%.
Housing Supply in 30701, GA
How many homes are available in 30701, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 188 | 208 | +10.6% |
Summary: The 30701 real estate market had 208 homes for sale in October 2024, a 10.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 114 | 126 | +10.5% |
| 4 Bedrooms | 41 | 46 | +12.2% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 30701 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 26 | -25.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30701, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 30701 in October 2024, down by 25.7% month-over-month. Of the 25 sold homes, 80% were sold under asking, 8% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 52 Days | +52.6% |
Summary: Homes in 30701 had an average of 52 days on market in Oct 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30701 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 30701; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
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