Home prices in the 30277 ZIP code have increased as the number of sales rose in the past year, according to the AJC 2020 Metro Atlanta Home Sales Report.
Over the year from May 1, 2019 to April 30, 2020, the median price of homes sold in this ZIP code was $290,000, an increase of 4.1% from the previous 12-month period.
For the 12-month period that ended in April 2020, 431 existing or new construction homes were sold in ZIP code 30277, according to home sales data collected by Smart Real Estate Data of Marietta. That's an increase of 15.2 percent over the previous 12-month period.
Steep changes in year-over-year data may reflect the impact of the coronavirus pandemic on the number of homes listed and sold beginning in March 2020. Median home prices recorded from Mar 1, 2019 to Feb 29, 2020 rose by 4.1 percent in the 30277 ZIP code compared to the previous 12 months.
ZIP code 30277 is located in Coweta County and includes the following areas: Sharpsburg, Newnan & Turin.
Total homes sold in the 30277 ZIP code during the 12-month period from May 1, 2019 to April 30, 2020 included 369 existing homes and 62 newly constructed homes. The median price for existing homes was $273,000 and for new homes $407,330 over the 12-month period.
The median price is considered best reflection of what consumers will find in the marketplace. Median price indicates that half the homes were priced above and half below the midpoint. An average number can be distorted by a few wildly expensive or very inexpensive home sales.
As of April 30, 2020, the supply of homes listed on the market in this ZIP code was 114 homes. That compares with 83 homes on the market on the same date a year earlier.
For the 12 months that ended April 30, sales in the 30277 ZIP code included 431 single-family homes and sold for a median price of $290,000, a 4.1 percent increase over the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $118.
Since 1996, Smart Real Estate Data has been a widely regarded source for residential real estate data in the Southeast. The business provides data to builders, developers, appraisers and bankers. It now covers markets in Georgia, Florida and the Carolinas.
Homes for sale in 30277 ZIP Code:
This article was generated automatically by AJC Bot, a computer software application that analyzed structured information, such as data, and applied it to text articles based on templates that were created by AJC writers and editors. An AJC editor reviewed the work before publishing. You can report errors or bugs to homesalesreport@coxinc.com. For more: How the AJC Bot was used for articles in the AJC 2020 Metro Atlanta Home Sales Report.
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