$499,000
1,440 SqFt
3 Beds
•3 Full Baths
Listing Office: REMAX Town & Country - BR Appalachian
September 2024
Report Updated 30 Days Ago
Is South Gilmer, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, South Gilmer was a Seller's Market.
How much do homes in South Gilmer, GA cost?
$520,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in South Gilmer was $520,000 in September 2024, up 8.9% from last year, and the median price per square foot was $232.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $227K | $210K | -7.5% |
2 Bedrooms | $359.9K | $368.2K | +2.3% |
3 Bedrooms | $477.5K | $520K | +8.9% |
4 Bedrooms | $420K | $675K | +60.7% |
5+ Bedrooms | $709K | $549.7K | -22.5% |
Summary: South Gilmer housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 60.7%, and 5+ bedroom homes decreased by 22.5%.
Nelson-Tate-Marble Hill | $426.5K | $487K | +14.2% |
South Gilmer | $477.5K | $520K | +8.9% |
Rich Mountain | $450K | $489K | +8.7% |
Ellijay | $424.8K | $460.1K | +8.3% |
Carters Lake | $399.9K | $429.9K | +7.5% |
How many homes are available in South Gilmer, GA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
66 | 69 | +4.5% |
Summary: The South Gilmer real estate market had 69 homes for sale in September 2024, a 4.5% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 31 | 27 | -12.9% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The South Gilmer housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
9 | 3 | -66.7% |
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in South Gilmer in September 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in South Gilmer, GA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
13 Days | 56 Days | +309.8% |
Summary: Homes in South Gilmer had an average of 56 days on market in Sep 2024, up by 309.8% compared to last year.
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 3 homes were sold in South Gilmer; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from Northeast Georgia MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 10/01/2022 - 10/01/2024
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 2024. 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: 10/31/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Georgia MLS © 2024.
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.
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Last updated on: 10/31/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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