Is Ellijay, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
At the same time last year, Ellijay was a Seller's Market.
Key Takeaway
Ellijay is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Ellijay, GA cost?
Median Sold Price
$334,900
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
+$67,400(+25.2%)
Key Takeaway
Homes in Ellijay have sold for 25.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.2K | $259.7K | +53.5% |
| 3 Bedrooms | $299K | $322.5K | +7.9% |
| 4 Bedrooms | $295K | $412.5K | +39.8% |
| 5+ Bedrooms | $417.4K | $589.9K | +41.3% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| North Gilmer | +33.3% |
| Carters Lake | +30.6% |
| Ellijay | +25.2% |
| South Gilmer | +24.8% |
How many homes are available in Ellijay, GA?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 22 | 20 | -9.1% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0%  |
| 3 Bedrooms | 8 | 2 | -75.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellijay, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Average Sale Time
| Apr 2021 | Apr 2022 | % |
|---|---|---|
| 16 Days | 17 Days | +9.4% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ellijay are selling fast, if you're buying plan to act quickly.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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 deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2022 Greater Chattanooga Association of REALTORS®.