Is Eastman, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$171,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eastman was $171,000 in April 2024, up 62.9% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $31.5K | $48K | +52.4% |
2 Bedrooms | $65K | $94K | +44.6% |
3 Bedrooms | $124.9K | $144.5K | +15.7% |
4 Bedrooms | $225K | $218K | -3.1% |
5+ Bedrooms | - | $360K | N/A |
Summary: Eastman housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 15.7%, 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 43 | -2.3% |
Summary: The Eastman real estate market had 43 homes for sale in April 2024, a 2.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Eastman housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Eastman in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 100 Days | +184.8% |
Summary: Homes in Eastman had an average of 100 days on market in Apr 2024, up by 184.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Eastman; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.