Is Eastman, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Eastman has remained a Buyer's Market.
Housing Prices in Eastman, GA
How much do homes in Eastman, GA cost?
Median Sold Price
$160,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eastman was $160,000 in March 2024, up 52.4% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $31.5K | $48K | +52.4% |
2 Bedrooms | $62.5K | $117.7K | +88.4% |
3 Bedrooms | $125K | $144.5K | +15.6% |
4 Bedrooms | $225K | $218K | -3.1% |
5+ Bedrooms | - | $360K | N/A |
Summary: Eastman housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 88.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Housing Supply in Eastman, GA
How many homes are available in Eastman, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Summary: The Eastman real estate market had 48 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Eastman housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Eastman in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Eastman, GA
How long does it take to sell a home in Eastman, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 43 Days | -20.4% |
Summary: Homes in Eastman had an average of 43 days on market in Mar 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Eastman; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.