Is 30341, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30341 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 30341 has remained a Seller's Market.

Key Takeaway

30341 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 30341, GA

How much do homes in 30341, GA cost?

Median Sold Price

$535,500

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,500(+6.0%)

Key Takeaway

Homes in 30341 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 30341 was $535,500 in May 2024, up 6% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $172.5K$225K
+30.4%
2 $302.5K$300K
-0.8%
3 $480K$535K
+11.5%
4 $585K$622.5K
+6.4%
5+ $1.1M$1.1M
+2.5%

Summary: 30341 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Zip Codes

30340
+11.6%
30341
+6.0%
30345
+5.1%
30319
+4.3%
30360
+3.2%

Housing Supply in 30341, GA

How many homes are available in 30341, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
169173+2.4%

Summary: The 30341 real estate market had 173 homes for sale in May 2024, a 2.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 41
-75.0%
2 3739
+5.4%
3 5755
-3.5%
4 4557
+26.7%
5+ 2621
-19.2%

Summary: The 30341 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 19.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5336-32.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30341, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 30341 in May 2024, down by 32.1% month-over-month. Of the 35 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% were sold over asking.

Days on Market for 30341, GA

How long does it take to sell a home in 30341, GA?

Average Sale Time

May 2023May 2024CHANGE
17 Days24 Days+35.0%

Summary: Homes in 30341 had an average of 24 days on market in May 2024, up by 35% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30341 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 36 homes were sold in 30341; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

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