Home prices in Newton County are up 5.2 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 Newton County home sold was $189,000, an increase of 5.2 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 3.9 percent in Newton 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 Newton County, listed from the most expensive to least expensive:
1 30055 - $326,500
In the year that ended April 30, 2020, 24 homes sold in 30055 ZIP code, which includes parts of the following area: Mansfield.
The median sales price of $326,500 is an increase of 21.4 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $111.
2 30052 - $317,000
In the year that ended April 30, 2020, 3 homes sold in 30052 ZIP code, which includes parts of the following areas: Walnut Grove, Snellville and Loganville.
The median sales price of $317,000 is an increase of 54.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $77.
3 30025 - $280,000
In the year that ended April 30, 2020, 35 homes sold in 30025 ZIP code, which includes parts of the following area: Social Circle.
The median sales price of $280,000 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 $106.
4 30054 - $239,000
In the year that ended April 30, 2020, 147 homes sold in 30054 ZIP code, which includes parts of the following areas: Oxford and Covington.
The median sales price of $239,000 is an increase of 21.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $104.
5 30014 - $199,900
In the year that ended April 30, 2020, 663 homes sold in 30014 ZIP code, which includes parts of the following areas: Oxford, Walnut Grove, Jersey, Porterdale and Covington.
The median sales price of $199,900 is an increase of 2.3 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $100.
6 30016 - $176,000
In the year that ended April 30, 2020, 1,153 homes sold in 30016 ZIP code, which includes parts of the following areas: Covington and Porterdale.
The median sales price of $176,000 is an increase of 2.1 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $93.
7 30013 - $169,900
In the year that ended April 30, 2020, 27 homes sold in 30013 ZIP code, which includes parts of the following area: Conyers.
The median sales price of $169,900 is an increase of 8.9 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $97.
8 30233 - $159,000
In the year that ended April 30, 2020, 3 homes sold in 30233 ZIP code, which includes parts of the following area: Jackson.
Of all homes sold in this ZIP code for the year, the median price per square foot was $N/A.
9 30056 - $150,000
In the year that ended April 30, 2020, 15 homes sold in 30056 ZIP code, which includes parts of the following areas: Newborn and Mansfield.
The median sales price of $150,000 is an decrease of 24.6 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $82.
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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