Is 30504, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30504 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30504 has remained a Seller's Market.

Key Takeaway

30504 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30504, GA

How much do homes in 30504, GA cost?

Median Sold Price

$427,685

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,190(+7.6%)

Key Takeaway

Homes in 30504 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 30504 was $427,685 in May 2024, up 7.6% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $647.2K$190K
-70.6%
2 $252.9K$450K
+77.9%
3 $360.8K$384.9K
+6.7%
4 $430K$439.5K
+2.2%
5+ $536.3K$524.7K
-2.2%

Summary: 30504 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.6%, 2 bedroom homes increased by 77.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

30566
+10.9%
30504
+7.6%
30501
+2.7%
30542
+2.7%
30506
-0.2%

Housing Supply in 30504, GA

How many homes are available in 30504, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
107105-1.9%

Summary: The 30504 real estate market had 105 homes for sale in May 2024, a 1.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 31
-66.7%
2 1113
+18.2%
3 3945
+15.4%
4 3026
-13.3%
5+ 2420
-16.7%

Summary: The 30504 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2923-20.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30504, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 30504 in May 2024, down by 20.7% month-over-month. Of the 21 sold homes, 48% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for 30504, GA

How long does it take to sell a home in 30504, GA?

Average Sale Time

May 2023May 2024CHANGE
83 Days26 Days-68.1%

Summary: Homes in 30504 had an average of 26 days on market in May 2024, down by 68.1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30504 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 23 homes were sold in 30504; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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 6 Days Ago

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