Is East Point, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in East Point, GA
How much do homes in East Point, GA cost?
Median Sold Price
$296,166
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Point have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in East Point was $296,166 in April 2024, up 1.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $124.9K | +8.7% |
| 2 Bedrooms | $219K | $225.5K | +3.0% |
| 3 Bedrooms | $290K | $290K | 0.0% |
| 4 Bedrooms | $370K | $350K | -5.4% |
| 5+ Bedrooms | $390K | $427.5K | +9.6% |
Summary: East Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Atlanta | $400.1K | $420.1K | +5.0% |
| East Point | $291.7K | $296.1K | +1.5% |
| College Park | $372K | $373K | 0.3% |
| Fairburn-Union City | $285.1K | $282.1K | -1.1% |
| Hapeville | $309K | $302K | -2.3% |
Housing Supply in East Point, GA
How many homes are available in East Point, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 283 | 324 | +14.5% |
Summary: The East Point real estate market had 324 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 56 | 62 | +10.7% |
| 3 Bedrooms | 164 | 190 | +15.9% |
| 4 Bedrooms | 48 | 54 | +12.5% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The East Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 55 | +34.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
14 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. 42.9% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in East Point in April 2024, up by 34.1% month-over-month. Of the 49 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 46 Days | +8.1% |
Summary: Homes in East Point had an average of 46 days on market in Apr 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
9 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 April 2024, 55 homes were sold in East Point; 60% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% 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.