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East Lake Terrace, Decatur GA

Updated September 2026 · Source: FMLS, compiled by the Terence Richardson Group

East Lake Terrace is a Decatur community in DeKalb County. The FMLS archive we maintain shows 307 closed sales here since January 2020. That's enough to read this market on its own numbers, not Decatur averages.

Over the trailing 12 months, East Lake Terrace recorded 39 closed sales at a median price of $340,000. Median days on market: 42. That's about 6 weeks from list to contract, so buyers have room to compare and negotiate. The average close-to-list ratio was 95.1%, so the typical seller gave up about 4.9% between list and close. Since 2021, the annual median close price has moved from $330,000 to $269,900. That's down 18%. These figures come from the Terence Richardson Group's own FMLS closed-sales archive, refreshed monthly. It's the same data we price from.

As of September 2026, the pace here has been measured. That usually gives buyers room to negotiate. For sellers, week-one pricing discipline is the difference-maker.

East Lake Terrace, by the numbers

$340,000
Median close price (trailing 12 mo)
39
Closings (trailing 12 mo)
42
Median days on market
$224
Median price per sq ft
95.1%
Avg close-to-list ratio

Data last updated: September 2026. Source: FMLS closed sales, compiled by the Terence Richardson Group. Sample: 39 closed sales.

How is the East Lake Terrace market moving?

Median close price, East Lake Terrace
TerenceRichardson.com $245K Oct 2023 Sep 2026 $303K high

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026. Y-axis does not start at zero. Months with fewer than 5 closings are omitted from the line.

View the data table
PeriodValue
Oct 2023n/a
Nov 2023n/a
Dec 2023n/a
Jan 2024n/a
Feb 2024n/a
Mar 2024n/a
Apr 2024n/a
May 2024n/a
Jun 2024n/a
Jul 2024n/a
Aug 2024n/a
Sep 2024n/a
Oct 2024n/a
Nov 2024n/a
Dec 2024n/a
Jan 2025n/a
Feb 2025n/a
Mar 2025n/a
Apr 2025n/a
May 2025n/a
Jun 2025$276K
Jul 2025n/a
Aug 2025n/a
Sep 2025n/a
Oct 2025n/a
Nov 2025n/a
Dec 2025n/a
Jan 2026n/a
Feb 2026n/a
Mar 2026n/a
Apr 2026n/a
May 2026$303K
Jun 2026$245K
Jul 2026n/a
Aug 2026n/a
Sep 2026n/a
Closed sales by month, East Lake Terrace
TerenceRichardson.com 1 Oct 2023 Sep 2026

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026.

View the data table
PeriodValue
Oct 20233
Nov 20230
Dec 20231
Jan 20241
Feb 20244
Mar 20243
Apr 20243
May 20244
Jun 20244
Jul 20243
Aug 20241
Sep 20241
Oct 20244
Nov 20242
Dec 20244
Jan 20252
Feb 20252
Mar 20251
Apr 20253
May 20252
Jun 20256
Jul 20251
Aug 20253
Sep 20253
Oct 20254
Nov 20252
Dec 20254
Jan 20262
Feb 20262
Mar 20264
Apr 20263
May 20267
Jun 20265
Jul 20262
Aug 20263
Sep 20261
Median days on market, East Lake Terrace
TerenceRichardson.com 8d Oct 2023 Sep 2026 38d high

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026. Months with fewer than 5 closings are omitted from the line.

View the data table
PeriodValue
Oct 2023n/a
Nov 2023n/a
Dec 2023n/a
Jan 2024n/a
Feb 2024n/a
Mar 2024n/a
Apr 2024n/a
May 2024n/a
Jun 2024n/a
Jul 2024n/a
Aug 2024n/a
Sep 2024n/a
Oct 2024n/a
Nov 2024n/a
Dec 2024n/a
Jan 2025n/a
Feb 2025n/a
Mar 2025n/a
Apr 2025n/a
May 2025n/a
Jun 202538d
Jul 2025n/a
Aug 2025n/a
Sep 2025n/a
Oct 2025n/a
Nov 2025n/a
Dec 2025n/a
Jan 2026n/a
Feb 2026n/a
Mar 2026n/a
Apr 2026n/a
May 202621d
Jun 20268d
Jul 2026n/a
Aug 2026n/a
Sep 2026n/a

Subdivision samples are thin by nature; months with fewer than 5 closings are omitted from lines rather than plotted as misleading points.

TRG proprietary data

How often do listings fail to sell in East Lake Terrace?

45.1% of East Lake Terrace listings that left the market in the 12 months through September 2026 failed to sell: 32 withdrawn or expired against 39 closed.

That means nearly half of those listing attempts ended without a sale, after the prep, the showings, the waiting. Each relisting counts separately, so this measures attempts, not homes. Pricing and the first two weeks have a lot to do with which group a listing lands in, and it's the number listing agents almost never show you.

45.1%failed to sell

Geography: East Lake Terrace, Metro Atlanta, GA · Period: 2025-10-01 to 2026-09-30

Source: FMLS withdrawn and expired records, compiled by the Terence Richardson Group. Sample: 71 terminated listings (32 failed, 39 closed). A failed listing left the market Withdrawn or Expired without closing. Rate = failed / (failed + closed) among listings terminating in the period. Relisted homes count per attempt.

Questions people ask

East Lake Terrace questions, answered with data

What is the median home price in East Lake Terrace?

The median home sale price in East Lake Terrace is $340,000. That's based on 39 closed sales over the trailing 12 months. Source: FMLS data compiled by the Terence Richardson Group, updated September 2026.

How fast do homes sell in East Lake Terrace?

Homes in East Lake Terrace sell in a median of 42 days on market. That's about 6 weeks from list to contract, per trailing-12-month FMLS closed sales compiled by the Terence Richardson Group. Sellers have averaged 95.1% of list price at closing. Well-priced homes move faster than the median; overpriced homes are what carry it.

Is East Lake Terrace a good place to buy a home in 2026?

East Lake Terrace gives buyers room to work: the median home takes 42 days to sell, so offers get negotiated. Whether it fits you comes down to price band and timeline, and that's a data question. Terence Richardson of the Terence Richardson Group at Compass prices every recommendation from the group's own FMLS closed-sales dataset for Metro Atlanta, updated monthly.

Thinking about selling in East Lake Terrace? Every valuation we prepare is hand-built from FMLS comps, including recent East Lake Terrace closings around the $340,000 median. Request yours. Buying? Tell us what you're looking for.

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The next step begins with a conversation with Terence.

You'll talk through where you are, what the market is doing where you want to be, and whether now is the time. If it isn't, he'll tell you.

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