Is 30747, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30747 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 30747 was a Neutral Market.

Key Takeaway

30747 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30747, GA

How much do homes in 30747, GA cost?

Median Sold Price

$218,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,100(+17.9%)

Key Takeaway

Homes in 30747 have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in 30747 was $218,000 in November 2024, up 17.9% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K$70K
-2.8%
2 $105K$135K
+28.6%
3 $192.2K$220K
+14.4%
4 $285K$333K
+16.8%
5+ $464.1K$460K
-0.9%

Summary: 30747 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

30731
+52.1%
30747
+17.9%
30753
+13.7%

Housing Supply in 30747, GA

How many homes are available in 30747, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8972-19.1%

Summary: The 30747 real estate market had 72 homes for sale in November 2024, a 19.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2120
-4.8%
3 5341
-22.6%
4 107
-30.0%
5+ 33
0.0%

Summary: The 30747 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 decreased by 4.8%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30747, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 30747 in November 2024, up by 10.5% month-over-month. Of the 19 sold homes, 84% were sold under asking, 5% were sold at asking, and 11% were sold over asking.

Days on Market for 30747, GA

How long does it take to sell a home in 30747, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days52 Days-22.5%

Summary: Homes in 30747 had an average of 52 days on market in Nov 2024, down by 22.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30747 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 30747; 29% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% 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 30747, GA

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