Home prices in Coweta County are up 11.7 percent from a year ago as the number of sales rose according to the AJC 2020 Metro Atlanta Home Sales Report. But the results varied in different parts of the county.
Over the year from May 1, 2019 to April 30, 2020, the median price of a Coweta County home sold was $268,000, an increase of 11.7 percent from the previous 12-month period, according to home sales data collected by Smart Real Estate Data.
The median price is considered the 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.
Steep changes in home prices may reflect the impact of the coronavirus pandemic on the housing market beginning in March 2020. Median home prices recorded from March 1, 2019 to February 29, 2020 rose by 10 percent in Coweta County compared with the previous 12 months.
According to the AJC 2020 Metro Atlanta Home Sales Report, this is how those results broke down by ZIP code in Coweta County, listed from the most expensive to least expensive:
1 30276 - $341,620
In the year that ended April 30, 2020, 489 homes sold in 30276 ZIP code, which includes parts of the following areas: Turin, Senoia, Sharpsburg, Peachtree City and Haralson.
The median sales price of $341,620 is an increase of 5.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $127.
2 30259 - $323,207
In the year that ended April 30, 2020, 76 homes sold in 30259 ZIP code, which includes parts of the following areas: Moreland and Grantville.
The median sales price of $323,207 is an increase of 6.4 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $128.
3 30268 - $294,500
In the year that ended April 30, 2020, 34 homes sold in 30268 ZIP code, which includes parts of the following areas: Palmetto, Chattahoochee Hills and Fairburn.
The median sales price of $294,500 is an increase of 8.5 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $106.
4 30277 - $290,000
In the year that ended April 30, 2020, 431 homes sold in 30277 ZIP code, which includes parts of the following areas: Sharpsburg, Newnan and Turin.
The median sales price of $290,000 is an increase of 4.1 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $118.
5 30265 - $270,680
In the year that ended April 30, 2020, 996 homes sold in 30265 ZIP code, which includes parts of the following area: Newnan.
The median sales price of $270,680 is an increase of 12.5 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $115.
6 30230 - $243,500
In the year that ended April 30, 2020, 2 homes sold in 30230 ZIP code, which includes parts of the following areas: Lone Oak and Hogansville.
The median sales price of $243,500 is an increase of 3.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $143.
7 30263 - $220,000
In the year that ended April 30, 2020, 1,006 homes sold in 30263 ZIP code, which includes parts of the following areas: Newnan and East Newnan.
The median sales price of $220,000 is an increase of 7.3 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $107.
8 30220 - $185,000
In the year that ended April 30, 2020, 113 homes sold in 30220 ZIP code, which includes parts of the following areas: Lone Oak, Grantville and Luthersville.
The median sales price of $185,000 is an increase of 18.2 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $107.
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.
RELATED
