Gilmer County, GA Home Values & Market Trends

The median home price in Gilmer County, GA is $423,452.18. There were 855 home sales in Gilmer County, GA over the past 12 months. The median residential Gilmer County, GA home value for transactions over the previous year is $279,000. The number of current listings in Gilmer County, GA is 172, and the percentage of properties for sale is 172.00%. The county has 6 foreclosures, 0 bank owned properties, 6 headed for auction, and 172 properties for sale.

Gilmer County, GA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Ellijay

$ 528,852

$ 236/sqft

Cherry Log

$ 834,773

$ 358/sqft

Housing Market Summary for Gilmer County, GA

Apr 2023March 2024Change
Median Listing Price$487.4K$433.7K-11.03%
Median Sold Price$402.4K$433.7K7.77%
Homes For Sale1701774.12%
Homes Sold498297-40.36%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Gilmer County, GA

Gilmer County, GA home values range from $20,967 to $5,511,504. Cherry Log is the priciest city with a median listing home price of $824,838.5, and Ellijay is most affordable with average house prices of around $517,000.

Foreclosure
There are 2 cities within Gilmer County, GA; within these cities, the median estimated home value for homes in foreclosure ranges from $778,151 in Ellijay to the lowest value of $217,778 in Ellijay. Foreclosure homes account for 0.00% of properties in Gilmer County, GA with Ellijay containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Gilmer County, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within Gilmer County, GA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gilmer County, GA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Gilmer County, GA. There are 2 cities within Gilmer County, GA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Ellijay has 6 auction properties, the highest number of properties going to auction in a single city in the state of Gilmer County, GA. Auction homes and other auction properties account for 0.04% of all properties in Gilmer County, GA. There are 2 cities within Gilmer County, GA; of those cities, the median estimated home value for homes going to auction ranges from $778,151 in Ellijay to the lowest value of $217,778 in Ellijay.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.02% of residential properties in Gilmer County, GA with Ellijay containing 142 homes for sale, the highest number of listed properties in a single city. There are 2 cities within Gilmer County, GA; homes for sale in those cities, have a range of median values from $3,750,000 in Cherry Log to the lowest value of $45,177 in Ellijay.
    Sold Homes
    The median value for recently sold homes ranges from $1,477,268 in Cherry Log to the lowest price of $24,222 in Cherry Log. There are 2 cities within Gilmer County, GA. Ellijay has 276 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.91% of properties in Gilmer County, GA.

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      Guide for Gilmer County, GA

      Market Reports
      Atlanta Real Estate Market Snapshot – March 2024
      Home Buying Guides & Tips
      Georgia Foreclosure Laws
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      See More Articles
      Atlanta Real Estate Market Snapshot – March 2024
      Market Reports|posted 28 March 2024

      The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.

      Georgia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      Recently Listed Homes Gilmer County, GA

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