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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eatonton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Eatonton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eatonton, GA

How much do homes in Eatonton, GA cost?

Median Sold Price

$405,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$32,250(+8.6%)

Key Takeaway

Homes in Eatonton have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Eatonton was $405,500 in May 2024, up 8.6% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $101.5K$94K
-7.4%
2 $233.5K$272.1K
+16.5%
3 $345K$355K
+2.9%
4 $476K$620K
+30.3%
5+ $1.3M$1.6M
+20.0%

Summary: Eatonton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Cities

Eatonton
+8.6%
Little River
+5.2%
Phoenix
+2.2%

Housing Supply in Eatonton, GA

How many homes are available in Eatonton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
228243+6.6%

Summary: The Eatonton real estate market had 243 homes for sale in May 2024, a 6.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 76
-14.3%
2 1819
+5.6%
3 113116
+2.7%
4 6667
+1.5%
5+ 2435
+45.8%

Summary: The Eatonton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 45.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4245+7.1%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was 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. 73.2% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Eatonton in May 2024, up by 7.1% month-over-month. Of the 41 sold homes, 73% were sold under asking, 24% were sold at asking, and 2% 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

May 2023May 2024CHANGE
39 Days45 Days+13.8%

Summary: Homes in Eatonton had an average of 45 days on market in May 2024, up by 13.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 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 May 2024, 45 homes were sold in Eatonton; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 16% 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 4 Days Ago

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