Is East Point, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Point is a neutral's market

Buyer's
Market

Difference Since April 2022

At the same time last year, East Point was a Seller's Market.

Key Takeaway

East Point is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in East Point, GA cost?

Median Sold Price

$294,300

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$44,308(+17.7%)

Key Takeaway

Homes in East Point have sold for 17.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $169.4K$115K
-32.1%
2 $201.7K$222.5K
+10.3%
3 $247.1K$290K
+17.3%
4 $330K$370.5K
+12.3%
5+ $391K$390K
-0.3%

Median Sold Price Compared To Nearby Cities

East Point
+17.7%
Fairburn-Union City
+12.0%
College Park
+8.3%
Atlanta
+5.9%
Hapeville
-1.5%

How many homes are available in East Point, GA?

Number of Homes For Sale

Mar 2023Apr 2023%
208229+10.1%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 2722
-18.5%
3 116130
+12.1%
4 4956
+14.3%
5+ 1621
+31.3%

Number of Homes Sold

Mar 2023Apr 2023%
3735-5.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Point, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
26 Days39 Days+50.3%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Point are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About East Point, GA

Number of homes for sale in East Point, GA real estate market have reached 229. The number of homes for sale in East Point, GA increased by 10.1% between March 2023 and April 2023. While the average time on the market in April 2023 was 39 days, the median list price was $294,300. Real estate listing prices changed between March 2023 and April 2023: 1 bedroom properties prices decreased by 32.1%, prices of 2 bedrooms properties increased by 10.3%, 3 bedrooms properties became 17.3% more expensive, the cost of 4 bedrooms properties went up by 12.3%, the cost of 5 bedrooms properties went down by 0.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 18.5% less available, 3 bedrooms homes became 12.1% more available, number of 4 bedrooms homes increased by 14.3%, 5 bedrooms homes inventory increased by 31.3%. In April 2023, from all listings sold in East Point, GA there were more than 8 sold above asking price, over 15 sold below and more than 9 were sold right at the asked price.

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