$2,779 Closing Credit*
$234,000
2,227 SqFt
4 Beds
•1 Full Bath
Chris Hurd, Listing Office: Blue Mountain Realty GA LLC
Is East Point, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Point was a Seller's Market.
Key Takeaway
East Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Point, GA
How much do homes in East Point, GA cost?
Median Sold Price
$274,200
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$26,039(-8.7%)
Key Takeaway
Homes in East Point have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in East Point was $274,200 in November 2024, down 8.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $141.4K | +28.6% |
| 2 Bedrooms | $247K | $198K | -19.8% |
| 3 Bedrooms | $290K | $270K | -6.9% |
| 4 Bedrooms | $350K | $350K | 0.0% |
| 5+ Bedrooms | $500K | $382.5K | -23.5% |
Summary: East Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 23.5%.
Median Sold Price Compared To Nearby Cities
| Atlanta | $407.8K | $421.8K | +3.4% |
| Hapeville | $305K | $305K | 0.0% |
| Fairburn-Union City | $284.9K | $279.9K | -1.8% |
| East Point | $300.2K | $274.2K | -8.7% |
| College Park | $377.5K | $339.9K | -9.9% |
Housing Supply in East Point, GA
How many homes are available in East Point, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 283 | 319 | +12.7% |
Summary: The East Point real estate market had 319 homes for sale in November 2024, a 12.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 45 | 67 | +48.9% |
| 3 Bedrooms | 164 | 179 | +9.1% |
| 4 Bedrooms | 57 | 55 | -3.5% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The East Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 48.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 24 | -51.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 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. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in East Point in November 2024, down by 51.0% month-over-month. Of the 24 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 60 Days | +96.2% |
Summary: Homes in East Point had an average of 60 days on market in Nov 2024, up by 96.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 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 November 2024, 24 homes were sold in East Point; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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