Is 30078, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 30078 has remained a Seller's Market.
Key Takeaway
30078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30078, GA
How much do homes in 30078, GA cost?
Median Sold Price
$383,700
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 30078 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 30078 was $383,700 in May 2024, up 2.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $322.5K | $375K | +16.3% |
| 3 Bedrooms | $325K | $335K | +3.1% |
| 4 Bedrooms | $385K | $400K | +3.9% |
| 5+ Bedrooms | $610K | $574K | -5.9% |
Summary: 30078 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 30078, GA
How many homes are available in 30078, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 211 | 238 | +12.8% |
Summary: The 30078 real estate market had 238 homes for sale in May 2024, a 12.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 89 | 96 | +7.9% |
| 4 Bedrooms | 74 | 89 | +20.3% |
| 5+ Bedrooms | 46 | 51 | +10.9% |
Summary: The 30078 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 65 | +18.2% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30078, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in 30078 in May 2024, up by 18.2% month-over-month. Of the 64 sold homes, 44% were sold under asking, 34% were sold at asking, and 22% were sold over asking.
Days on Market for 30078, GA
How long does it take to sell a home in 30078, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 25 Days | -7.4% |
Summary: Homes in 30078 had an average of 25 days on market in May 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30078 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 65 homes were sold in 30078; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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.