Home prices in Spalding County are up 15.6 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 Spalding County home sold was $170,000, an increase of 15.6 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 13.7 percent in Spalding 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 Spalding County, listed from the most expensive to least expensive:
1 30205 - $303,037
In the year that ended April 30, 2020, 15 homes sold in 30205 ZIP code, which includes parts of the following area: Brooks.
The median sales price of $303,037 is an increase of 26.8 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $120.
2 30248 - $215,000
In the year that ended April 30, 2020, 49 homes sold in 30248 ZIP code, which includes parts of the following areas: Locust Grove and Heron Bay.
The median sales price of $215,000 is an increase of 5 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $95.
3 30228 - $204,900
In the year that ended April 30, 2020, 11 homes sold in 30228 ZIP code, which includes parts of the following areas: Sunny Side, Hampton, Bonanza and Lovejoy.
The median sales price of $204,900 is an increase of 60.7 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $100.
4 30224 - $168,900
In the year that ended April 30, 2020, 408 homes sold in 30224 ZIP code, which includes parts of the following areas: Orchard Hill, Griffin and East Griffin.
The median sales price of $168,900 is an increase of 14.5 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $88.
5 30292 - $164,950
In the year that ended April 30, 2020, 30 homes sold in 30292 ZIP code, which includes parts of the following areas: Zebulon and Williamson.
The median sales price of $164,950 is an increase of 14.7 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $102.
6 30223 - $160,000
In the year that ended April 30, 2020, 599 homes sold in 30223 ZIP code, which includes parts of the following areas: Heron Bay, Sunny Side, East Griffin, Experiment and Griffin.
The median sales price of $160,000 is an increase of 14.4 percent from the previous year.
Of all homes sold in this ZIP code for the year, the median price per square foot was $85.
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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