Is 30707, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30707 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 30707 was a Seller's Market.

Key Takeaway

30707 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 30707, GA

How much do homes in 30707, GA cost?

Median Sold Price

$260,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+3.6%)

Key Takeaway

Homes in 30707 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 30707 was $260,000 in October 2024, up 3.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$79.5K
-30.9%
2 $180K$179K
-0.6%
3 $250K$262.4K
+5.0%
4 $381.5K$402.5K
+5.5%
5+ $569.9K$502.5K
-11.8%

Summary: 30707 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

30725
+14.5%
30728
+10.0%
30707
+3.6%
30739
-1.0%

Housing Supply in 30707, GA

How many homes are available in 30707, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8692+7.0%

Summary: The 30707 real estate market had 92 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 4649
+6.5%
4 2730
+11.1%
5+ 67
+16.7%

Summary: The 30707 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30707, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 30707 in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.

Days on Market for 30707, GA

How long does it take to sell a home in 30707, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days45 Days+48.1%

Summary: Homes in 30707 had an average of 45 days on market in Oct 2024, up by 48.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30707 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 30707; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 15 Days Ago

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