Is East Point, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, East Point was a Seller's Market.
Key Takeaway
East Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Point, GA
How much do homes in East Point, GA cost?
Median Sold Price
$294,444
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in East Point have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in East Point was $294,444 in June 2024, down 1.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $103K | -10.4% |
| 2 Bedrooms | $227.5K | $224.9K | -1.1% |
| 3 Bedrooms | $291.3K | $288.8K | -0.9% |
| 4 Bedrooms | $370K | $355K | -4.1% |
| 5+ Bedrooms | $387.4K | $415K | +7.1% |
Summary: East Point housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Atlanta | $400.2K | $419.9K | +4.9% |
| Fairburn-Union City | $284.8K | $285K | 0.0% |
| Hapeville | $299.9K | $297K | -1.0% |
| East Point | $299.9K | $294.4K | -1.8% |
| College Park | $373.4K | $365K | -2.3% |
Housing Supply in East Point, GA
How many homes are available in East Point, GA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 292 | 316 | +8.2% |
Summary: The East Point real estate market had 316 homes for sale in June 2024, a 8.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 5 | +400.0% |
| 2 Bedrooms | 48 | 53 | +10.4% |
| 3 Bedrooms | 163 | 180 | +10.4% |
| 4 Bedrooms | 63 | 58 | -7.9% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The East Point housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 62 | 41 | -33.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Point, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in East Point in June 2024, down by 33.9% month-over-month. Of the 37 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% were sold over asking.
Days on Market for East Point, GA
How long does it take to sell a home in East Point, GA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 28 Days | 25 Days | -10.5% |
Summary: Homes in East Point had an average of 25 days on market in Jun 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Point are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 41 homes were sold in East Point; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.