Home Values

30311 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$69,200

  • 8.5% 1-year change
  • 2.9% 1-year forecast

The median home value in 30311 is $69,200. 30311 home values have gone up 8.5% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in 30311 is $47, which is lower than the Atlanta average of $163. The median price of homes currently listed in 30311 is $74,900 while the median price of homes that sold is $96,950.

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 30311 homeowners underwater on their mortgage is 50.7%, which is higher than Atlanta at 27.0%.

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Relative ZHVI
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30311 Market Overview

Data through Feb 28, 2015
  • $69,200 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $74,900 Median listing price
  • No recent data Median sale price
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30311 Market Health

Data through Feb 28, 2015
  • 1.9/10 Less healthy
    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
  • 50.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
30313 $148,800
30318 $101,300
30331 $91,900
Name Median ZHVI
30337 $82,400
30344 $61,400
30310 $46,300
Name Median ZHVI
30314 $42,500
 
 

Listings & Sales

Data through Feb 28, 2015
  • $47 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 13.7% Listings with price cut
27.0%
Sold below listing
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30311 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $962 30311
    $1,312 Atlanta
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.66 Rent list price / sq ft
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