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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastside is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Eastside, GA

How much do homes in Eastside, GA cost?

Median Sold Price

$612,500

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$46,138(+8.1%)

Key Takeaway

Homes in Eastside have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Eastside was $612,500 in May 2024, up 8.1% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $284.5K$296K
+4.0%
2 $435K$451.5K
+3.8%
3 $618.4K$653K
+5.6%
4 $865K$930.3K
+7.5%
5+ $1.1M$1.4M
+23.5%

Summary: Eastside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 23.5%.

Median Sold Price Compared To Nearby Neighborhoods

Candler Park
+9.6%
Eastside
+8.1%

Housing Supply in Eastside, GA

How many homes are available in Eastside, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8571,017+18.7%

Summary: The Eastside real estate market had 1,017 homes for sale in May 2024, a 18.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 110124
+12.7%
2 206234
+13.6%
3 247304
+23.1%
4 182214
+17.6%
5+ 112141
+25.9%

Summary: The Eastside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 25.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
189190+0.5%

Asking Price vs. Sold Price

77 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

77 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastside, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.

Summary: A total of 190 homes were sold or pending in Eastside in May 2024, up by 0.5% month-over-month. Of the 186 sold homes, 41% were sold under asking, 17% were sold at asking, and 41% were sold over asking.

Days on Market for Eastside, GA

How long does it take to sell a home in Eastside, GA?

Average Sale Time

May 2023May 2024CHANGE
21 Days24 Days+14.9%

Summary: Homes in Eastside had an average of 24 days on market in May 2024, up by 14.9% compared to last year.

Breakdown of Home Sale Times

140 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 190 homes were sold in Eastside; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% 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 1 Day Ago

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