Is Cherry Log, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cherry Log is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Cherry Log, GA cost?

Median Sold Price

$485,000

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$120,500(+33.1%)

Key Takeaway

Homes in Cherry Log have sold for 33.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $172.2K$340.6K
+97.8%
2 $277.5K$392.5K
+41.4%
3 $385.5K$539.2K
+39.9%
4 $822.5K$796.5K
-3.2%
5+ $894.5K$562.5K
-37.1%

Median Sold Price Compared To Nearby Cities

Epworth
+55.8%
North Gilmer
+33.3%
Cherry Log
+33.1%
Higdon-Mobile
+24.4%
Rich Mountain
+24.2%

How many homes are available in Cherry Log, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
3140+29.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 10
-100.0%
2 1316
+23.1%
3 1120
+81.8%
4 42
-50.0%
5+ 22
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
713+85.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cherry Log, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
53 Days30 Days-42.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

13111 Big Creek Rd, Cherry Log, GA 30522

13111 Big Creek Rd, Cherry Log, GA 30522

$699,000
 
4 Bedrooms
~$3,150/mo.*2 Full Baths
#316544Listing Office:
Coldwell Banker High Country Realty - Blue RidgeMLS logo
13111 Big Creek Rd, Cherry Log, GA 30522

13111 Big Creek Rd, Cherry Log, GA 30522

$699,000
2,176 SqFt
4 Bedrooms
~$3,150/mo.*2 Full Baths, 1 Partial
#10050593Listing Office:
Coldwell Banker High CountryMLS logo
244 Cedar Ridge Rd, Cherry Log, GA 30522

244 Cedar Ridge Rd, Cherry Log, GA 30522

$499,900
1,092 SqFt
2 Bedrooms
~$2,250/mo.*2 Full Baths
#316520Listing Office:
Compass Georgia LLCMLS logo
1222 Maggie Chapman Rd, Cherry Log, GA 30522

1222 Maggie Chapman Rd, Cherry Log, GA 30522

$650,000
1,722 SqFt
3 Bedrooms
~$2,900/mo.*2 Full Baths, 1 Partial
#20042389Listing Office:
Keller Williams Rlty. PartnersMLS logo
91 Leatherwood Mountain Rd, Cherry Log, GA 30522

91 Leatherwood Mountain Rd, Cherry Log, GA 30522

$799,000
2,320 SqFt
3 Bedrooms
~$3,600/mo.*3 Full Baths
#7048073Listing Office:
RE/MAX UnlimitedMLS logo
476 Butler Creek Rd, Cherry Log, GA 30522

476 Butler Creek Rd, Cherry Log, GA 30522

$399,000
 
1 Bedroom
~$1,800/mo.*1 Full Bath
#316439Listing Office:
Mountain Place RealtyMLS logo
1822 Hidden Lake Dr Unit 3, Cherry Log, GA 30522

1822 Hidden Lake Dr Unit 3, Cherry Log, GA 30522

$549,000
1,344 SqFt
3 Bedrooms
~$2,450/mo.*2 Full Baths
#10048067Listing Office:
Harry Norman, REALTORSMLS logo
604 Rock Creek Ct, Cherry Log, GA 30522

604 Rock Creek Ct, Cherry Log, GA 30522

$649,000
1,992 SqFt
3 Bedrooms
~$2,900/mo.*2 Full Baths
#316274Listing Office:
Harry Norman REALTORS - Blue RidgeMLS logo
1222 Maggie Chapman Rd, Cherry Log, GA 30522

1222 Maggie Chapman Rd, Cherry Log, GA 30522

$650,000
1,722 SqFt
3 Bedrooms
~$2,900/mo.*2 Full Baths
#316261Listing Office:
Keller Williams Realty Partners - BlairsvilleMLS logo
2628 Big Creek Rd, Cherry Log, GA 30522

2628 Big Creek Rd, Cherry Log, GA 30522

$689,000
1,140 SqFt
2 Bedrooms
~$3,100/mo.*2 Full Baths
#316202Listing Office:
REMAX Town & Country - BR AppalachianMLS logo
62 Hidden Lake Ln, Cherry Log, GA 30522

62 Hidden Lake Ln, Cherry Log, GA 30522

$699,999
1,391 SqFt
3 Bedrooms
~$3,150/mo.*2 Full Baths
#316178Listing Office:
BHGRE Metro Brokers - Blue RidgeMLS logo
62 Hidden Lake Ln, Cherry Log, GA 30522

62 Hidden Lake Ln, Cherry Log, GA 30522

$699,999
1,391 SqFt
3 Bedrooms
~$3,150/mo.*2 Full Baths
#10042095Listing Office:
BHGRE Metro BrokersMLS logo

About Cherry Log, GA

Homes for sale in Cherry Log, GA have reached 40. The number of listings in Cherry Log, GA increased by 29% between March 2022 and April 2022. In April 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $485,000. Real estate listing prices changed between March 2022 and April 2022: 1 bedroom properties prices increased by 97.8%, the cost of 2 bedrooms properties went up by 41.4%, 3 bedrooms properties became 39.9% more expensive, 4 bedrooms properties prices decreased by 3.2%, prices of 5 bedrooms properties went down by 37.1%. This housing market inventory have changed: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory increased by 23.1%, volume of 3 bedrooms homes went up by 81.8%, 4 bedrooms homes became 50% less available, the quantity of 5 bedrooms homes have not changed. Over 4 listings were sold over their listed price in April 2022 in Cherry Log, GA. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from Northeast Georgia MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 05/01/2020 - 05/01/2022

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2022. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 9:25:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2022 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 9:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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