30305 Home Prices & Values

$457,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 8.9% 1-year change
  • 5.2% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in 30305 is $457,400. 30305 home values have gone up 8.9% over the past year and Zillow predicts they will rise 5.2% within the next year. The median list price per square foot in 30305 is $276, which is higher than the Atlanta average of $171. The median price of homes currently listed in 30305 is $589,500 while the median price of homes that sold is $342,500. The median rent price in 30305 is $1,900, which is higher than the Atlanta median of $1,250.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 30305 is 2.7%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 30305 homeowners underwater on their mortgage is 22.1%, which is lower than Atlanta at 30.9%.

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Relative ZHVI
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30305 Market Overview

Data through Aug 31, 2014
  • $457,400 ZHVI
  • 5.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $589,500 Median listing price
  • $342,500 Median sale price
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30305 Market Health

Data through Aug 31, 2014
  • 6.7/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 22.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
30327 $821,900 30306 $564,000 30342 $491,400
30326 $285,500 30324 $279,100 30309 $242,400
30363 $184,500    

Listings & Sales

Data through Aug 31, 2014
  • $276 Median list price / sq ft
  • $225 Median sale price / sq ft
  • 38.9% Listings with price cut
32.2%
Sold below listing
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30305 Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,381 30305
$1,223 Atlanta
$1,328 United States
  • 1.4 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,900 Rent list price
  • No data Rent list price / sq ft
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