Is 30022, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30022 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30022 has remained a Seller's Market.

Key Takeaway

30022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30022, GA

How much do homes in 30022, GA cost?

Median Sold Price

$682,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$92,088(+15.6%)

Key Takeaway

Homes in 30022 have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in 30022 was $682,000 in May 2024, up 15.6% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $488.8K-
N/A
2 $319K$380K
+19.1%
3 $430K$473.6K
+10.1%
4 $585K$655K
+12.0%
5+ $868.5K$975K
+12.3%

Summary: 30022 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 19.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

30009
+29.8%
30022
+15.6%
30076
+10.6%
30092
+9.0%
30005
+4.2%

Housing Supply in 30022, GA

How many homes are available in 30022, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
284298+4.9%

Summary: The 30022 real estate market had 298 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2018
-10.0%
3 5457
+5.6%
4 6575
+15.4%
5+ 145148
+2.1%

Summary: The 30022 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 decreased by 10%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 2.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
8294+14.6%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

50 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30022, you could pay more than the asking price. 54.9% of homes here sold above asking price last month.

Summary: A total of 94 homes were sold or pending in 30022 in May 2024, up by 14.6% month-over-month. Of the 91 sold homes, 26% were sold under asking, 19% were sold at asking, and 55% were sold over asking.

Days on Market for 30022, GA

How long does it take to sell a home in 30022, GA?

Average Sale Time

May 2023May 2024CHANGE
9 Days13 Days+45.0%

Summary: Homes in 30022 had an average of 13 days on market in May 2024, up by 45% compared to last year.

Breakdown of Home Sale Times

82 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30022 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 94 homes were sold in 30022; 87% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% 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 8 Days Ago

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