Eastpoint, Florida: A Buyer's Market with Coastal Appeal
Eastpoint, Florida, presents a market brimming with opportunity. With home values stretching from the affordable $28.5K to the luxurious $10M, the city is an eclectic mix of offerings for every type of buyer. The median listing home price as of September 2023 was $510K, though trending down by 20.6% year-over-year, with a median sale price of $390k
Current Market Conditions:
- Median Listing Home Price: $510K
- Median Listing Home Price/Sq Ft: $327
- Median Sold Home Price: $390K
- Sale-to-List Price Ratio: 92.58%, with homes selling for 7.42% below asking price
- Market Nature: Buyer's market, with supply outpacing demand
Properties in Eastpoint are staying on the market for an average of 78 days, pointing to a less competitive market that favors buyers. This could mean more room for negotiation on price and terms.
Eastpoint also boasts a range of amenities, from grocery stores to cafes and restaurants, enhancing the living experience of its residents. Moreover, Eastpoint hosts several public schools rated good and higher, such as Apalachicola Bay Charter School, making it a favorable location for families
- Variety in Real Estate: A wide range of homes for sale catering to diverse preferences and budgets.
- Community Resources: Good schools and ample amenities make it a comfortable place to live.
- Buyer's Market Advantage: More power in the hands of buyers for negotiating deals.
With 117 homes for sale, including 6 new listings just last week, Eastpoint's real estate market is active and awaits prospective homeowners and investors looking for potential and values