Homes in Gwinnett County sold for a median price of $265,000 in the last year, but there are always some ZIP codes that command the highest prices, according to the AJC 2020 Metro Atlanta Home Sales Report.
The home sales report found that 15,944 new and existing homes sold from May 1, 2019, to April 30, 2020, in Gwinnett County, according to data provided by Smart Real Estate Data of Marietta. The median price of a home there increased 6 percent from the same 12-month period a year earlier.
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. Sales numbers taken from earlier this year show median home prices for Gwinnett County rose by 4.6 percent for the 12 months ending February 29, 2020 when compared to the same 12-month period a year earlier.
The median price of homes sold in an area is considered a better 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.
According to the AJC 2020 Metro Atlanta Home Sales Report, these are the five most expensive ZIP codes in Gwinnett County based on median sales price:
1. 30517 ZIP code - $534,900
In the 12 months ending April 30, 2020, 114 homes sold in 30517, which includes parts of the following area: Braselton.
The median sales price of $534,900 is an increase of 2.9 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $114.
2. 30548 ZIP code - $365,387
In the 12 months ending April 30, 2020, 180 homes sold in 30548, which includes parts of the following areas: Braselton, Hoschton and Pendergrass.
The median sales price of $365,387 is a decrease of 1.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $114.
3. 30360 ZIP code - $364,000
In the 12 months ending April 30, 2020, 38 homes sold in 30360, which includes parts of the following areas: Doraville, Dunwoody and Atlanta.
The median sales price of $364,000 is an increase of 11.7 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $153.
4. 30092 ZIP code - $362,000
In the 12 months ending April 30, 2020, 511 homes sold in 30092, which includes parts of the following areas: Sandy Springs, Norcross and Peachtree Corners.
The median sales price of $362,000 is an increase of 11.4 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $133.
5. 30097 ZIP code - $343,000
In the 12 months ending April 30, 2020, 377 homes sold in 30097, which includes parts of the following areas: Johns Creek and Duluth.
The median sales price of $343,000 is an increase of 1.2 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $131.
Around the six-county metro Atlanta area, including DeKalb, Cobb, Fulton, Gwinnett, Forsyth and Clayton, 15,944 homes were sold in the year ending April 2020 an 0.1 percent increase from the previous year.
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.
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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