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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elko is a buyer's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Elko was a Seller's Market.

Key Takeaway

Elko is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Elko, GA cost?

Median Sold Price

$255,640

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

-$24,360(-8.7%)

Key Takeaway

Homes in Elko have sold for 8.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $40K-
N/A
3 $213.4K$239K
+12.0%
4 $264.7K$278.4K
+5.2%
5+ $388K$457.8K
+18.0%

Median Sold Price Compared To Nearby Cities

Kathleen
+15.9%
Bonaire
+12.5%
Perry
+8.5%
Elko
-8.7%

How many homes are available in Elko, GA?

Number of Homes For Sale

Apr 2022May 2022%
1936+89.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 311
+266.7%
4 412
+200.0%
5+ 1213
+8.3%

Number of Homes Sold

Apr 2022May 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elko, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
8 Days37 Days+351.2%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Elko has remained consistent over time.

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

New

512 Thurston St, Bonaire, GA 31005

512 Thurston St, Bonaire, GA 31005

$429,900
3,411 SqFt
4 Bedrooms
~$2,050/mo.*4 Full Baths, 1 Partial
#223944
Listing Office:
COLDWELL BANKER ACCESS REALTYMLS logo

New

510 Thurston St, Bonaire, GA 31005

510 Thurston St, Bonaire, GA 31005

$424,900
3,385 SqFt
5 Bedrooms
~$2,000/mo.*4 Full Baths
#223942
Listing Office:
COLDWELL BANKER ACCESS REALTYMLS logo
LOT3 Gilbert Rd, Elko, GA 31025

LOT3 Gilbert Rd, Elko, GA 31025

$109,000
4.33 Acres 
~$500/mo.*
#223502
Listing Office:
KELLER WILLIAMS REALTY MIDDLE GEORGIAMLS logo
LT91 Doll Mtn, Ellijay, GA 30540

LT91 Doll Mtn, Ellijay, GA 30540

$53,900
1.01 Acres 
~$250/mo.*
#10055946
Listing Office:
RE/MAX Town & CountryMLS logo
4042 Roundtop Cir, Perry, GA 31069

4042 Roundtop Cir, Perry, GA 31069

$649,700
3,871 SqFt
4 Bedrooms
~$3,100/mo.*4 Full Baths, 1 Partial
#20047004
Listing Office:
Keller Williams Middle GeorgiaMLS logo
4024 Roundtop Cir, Perry, GA 31069

4024 Roundtop Cir, Perry, GA 31069

$95,000
2.57 Acres 
~$450/mo.*
#223200
Listing Office:
KELLER WILLIAMS REALTY MIDDLE GEORGIAMLS logo
1034 Rock Rd, Perry, GA 31069

1034 Rock Rd, Perry, GA 31069

$650,000
3,224 SqFt
4 Bedrooms
~$3,100/mo.*3 Full Baths
#20042713
Listing Office:
Landmark RealtyMLS logo
315 Woodlands Blvd, Kathleen, GA 31047

315 Woodlands Blvd, Kathleen, GA 31047

$491,400
3,150 SqFt
5 Bedrooms
~$2,350/mo.*4 Full Baths
#222953
Listing Office:
KELLER WILLIAMS REALTY MIDDLE GEORGIAMLS logo
250 Lee Paul Rd, Elko, GA 31036

250 Lee Paul Rd, Elko, GA 31036

$450,000
1,814 SqFt
3 Bedrooms
~$2,150/mo.*2 Full Baths
#20041733
Listing Office:
Century 21 Homes & InvestmentsMLS logo
250 Lee Paul Rd, Hawkinsville, GA 31036

250 Lee Paul Rd, Hawkinsville, GA 31036

$450,000
1,814 SqFt
3 Bedrooms
~$2,150/mo.*2 Full Baths
#222867
Listing Office:
CENTURY 21 HOMES & INVESTMENTSMLS logo
875 Flournoy Rd, Hawkinsville, GA 31036

875 Flournoy Rd, Hawkinsville, GA 31036

$172,500
17.25 Acres 
~$800/mo.*
#10045661
Listing Office:
Hudson Realty IncMLS logo
0 Golden Isles Pkwy, Perry, GA 31069

0 Golden Isles Pkwy, Perry, GA 31069

$179,900
13.41 Acres 
~$850/mo.*
#222432
Listing Office:
COLDWELL BANKER FREE REALTYMLS logo

About Elko, GA

Elko, GA has 36 homes on the market. The number of listings in Elko, GA increased by 89.5% between April 2022 and May 2022. In May 2022 median list price was $255,640 and the average listing age was 37 days. Real estate listing prices changed between April 2022 and May 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties became 12% more expensive, prices of 4 bedrooms properties increased by 5.2%, 5 bedrooms properties became 18% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 266.7%, volume of 4 bedrooms homes went up by 200%, number of 5 bedrooms homes increased by 8.3%. Elko, GA housing market in May 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

MLS Disclaimers and Copyright

Based on information from Central Georgia MLS, Georgia MLS, Northeast Georgia MLS, and First Multiple Listing Service Inc. for the period 06/01/2020 - 06/01/2022

The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
© 2022 Central Georgia MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2022, 12:55:41 AM 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: 6/28/2022, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 6/28/2022, 12:55:12 AM 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: 6/28/2022, 12:55:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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