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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Chastain Park is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, East Chastain Park was a Buyer's Market.

Key Takeaway

East Chastain Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Chastain Park, GA

How much do homes in East Chastain Park, GA cost?

Median Sold Price

$393,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,500(-2.6%)

Key Takeaway

Homes in East Chastain Park have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in East Chastain Park was $393,000 in October 2024, down 2.6% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $322K$198K
-38.5%
2 $400K$396.5K
-0.9%
3 $380K$450K
+18.4%
4 $950K$1.4M
+52.6%
5+ $1.6M$2.5M
+53.0%

Summary: East Chastain Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 52.6%, and 5+ bedroom homes increased by 53%.

Housing Supply in East Chastain Park, GA

How many homes are available in East Chastain Park, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2016-20.0%

Summary: The East Chastain Park real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 63
-50.0%
2 99
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 21
-50.0%

Summary: The East Chastain Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Chastain Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Chastain Park in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for East Chastain Park, GA

How long does it take to sell a home in East Chastain Park, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days37 Days+15.4%

Summary: Homes in East Chastain Park had an average of 37 days on market in Oct 2024, up by 15.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in East Chastain Park; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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