Is Eatonton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eatonton is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Eatonton, GA

How much do homes in Eatonton, GA cost?

Median Sold Price

$405,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$55,050(+15.7%)

Key Takeaway

Homes in Eatonton have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Eatonton was $405,000 in March 2024, up 15.7% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $101.5K$112K
+10.3%
2 $228.7K$271.1K
+18.5%
3 $315K$350K
+11.1%
4 $460K$476K
+3.5%
5+ $655.3K$1.6M
+157.0%

Summary: Eatonton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 157%.

Median Sold Price Compared To Nearby Cities

Eatonton
+15.7%
Phoenix
-2.9%
Little River
-6.8%

Housing Supply in Eatonton, GA

How many homes are available in Eatonton, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
192222+15.6%

Summary: The Eatonton real estate market had 222 homes for sale in March 2024, a 15.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 88
0.0%
2 2120
-4.8%
3 90111
+23.3%
4 5057
+14.0%
5+ 2326
+13.0%

Summary: The Eatonton 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 decreased by 4.8%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3334+3.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eatonton, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Eatonton in March 2024, up by 3.0% month-over-month. Of the 31 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.

Days on Market for Eatonton, GA

How long does it take to sell a home in Eatonton, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
61 Days63 Days+2.6%

Summary: Homes in Eatonton had an average of 63 days on market in Mar 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 34 homes were sold in Eatonton; 56% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

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