$5,225 Closing Credit*
$440,000
1,945 SqFt
3 Beds
•2 Full Baths, 1 Partial
April Lloyd, Listing Office: EXP Realty, LLC.
Is Southeastern Atlanta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Southeastern Atlanta was a Seller's Market.
Key Takeaway
Southeastern Atlanta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southeastern Atlanta, GA
How much do homes in Southeastern Atlanta, GA cost?
Median Sold Price
$286,771
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,019(-4.3%)
Key Takeaway
Homes in Southeastern Atlanta have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Southeastern Atlanta was $286,771 in October 2024, down 4.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $195K | -9.3% |
| 2 Bedrooms | $255K | $243K | -4.7% |
| 3 Bedrooms | $287K | $245K | -14.6% |
| 4 Bedrooms | $347.9K | $370K | +6.3% |
| 5+ Bedrooms | $361.1K | $374.6K | +3.7% |
Summary: Southeastern Atlanta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in Southeastern Atlanta, GA
How many homes are available in Southeastern Atlanta, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 284 | 340 | +19.7% |
Summary: The Southeastern Atlanta real estate market had 340 homes for sale in October 2024, a 19.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 13 | +44.4% |
| 2 Bedrooms | 21 | 31 | +47.6% |
| 3 Bedrooms | 158 | 188 | +19.0% |
| 4 Bedrooms | 77 | 88 | +14.3% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Southeastern Atlanta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 39 | +2.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeastern Atlanta, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Southeastern Atlanta in October 2024, up by 2.6% month-over-month. Of the 30 sold homes, 57% were sold under asking, 27% were sold at asking, and 17% were sold over asking.
Days on Market for Southeastern Atlanta, GA
How long does it take to sell a home in Southeastern Atlanta, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 43 Days | +31.6% |
Summary: Homes in Southeastern Atlanta had an average of 43 days on market in Oct 2024, up by 31.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeastern Atlanta are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Southeastern Atlanta; 49% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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