30540 (Ellijay)
Homes for Sale & Housing Market
Median sale price $437,500, down 2.9% year over year, with homes going under contract in about 54 days, 164 homes on the market.
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Housing Market Analyst
Inventory sits at 8.2 months of supply — heavy by the 3-to-6-month balanced benchmark, and 14% of listed homes are already under contract. Prices are down 2.9% versus the prior year, but sellers are still collecting 93.5% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Negotiating power — buyers gain ground as 14% of inventory sits under contract.
Derived from current 30540 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
The read on 30540 (Ellijay)
The median sale price across 30540 currently stands at $437,500, down 2.9% from a year ago. Buyers are paying a median of $241 per square foot. The typical home goes under contract in about 54 days. Sellers are capturing 93.5% of their original asking price on average.
There are 164 active listings on the market, with 23 more already under contract. At the current sales pace that works out to 8.2 months of supply — a buyer-leaning market by the standard six-month benchmark. 249 homes closed here over the trailing 12 months.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 30540 is 37 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 21, 2026.
Where the market is heading
Median price · daily recalculation
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 30540 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Gilmer
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 30540 ← this page | $438K | 164 | 37 | |
| 30536 | $415K | 118 | 40 | Open → |
| 30175 | $380K | 11 | 45 | Open → |
Neighborhoods on the move
| Walnut MountainEllijay | $480K | ▲ 17% |
| Buckhorn EstatesEllijay | $477K | ▲ 3% |
| The HammockEllijay | $487K | ▲ 2% |
| Coosawattee River ResortEllijay | $438K | ▲ -5% |
| CoosawatteeEllijay | $415K | ▲ -7% |
| CoosawatteeEllijay | $415K | ▼ 7% |
| Coosawattee River ResortEllijay | $438K | ▼ 5% |
| The HammockEllijay | $487K | ▼ 2% |
| Buckhorn EstatesEllijay | $477K | ▼ 3% |
| Walnut MountainEllijay | $480K | ▼ 17% |
| CoosawatteeEllijay | $415K | 80 |
| Coosawattee River ResortEllijay | $438K | 23 |
| Walnut MountainEllijay | $480K | 16 |
| High RiverEllijay | $550K | 8 |
| Buckhorn EstatesEllijay | $477K | 7 |
| The HammockEllijay | $487K | 24 days |
| Buckhorn EstatesEllijay | $477K | 30 days |
| Walnut MountainEllijay | $480K | 40 days |
| CoosawatteeEllijay | $415K | 53 days |
| Coosawattee River ResortEllijay | $438K | 66 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 30540 right now?
The data says conditions currently favor buyers in 30540 — the Momentum Score reads 37/100 with 8.2 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 30540 becoming more affordable?
Yes, modestly — the median sale price in 30540 is $437,500, down 2.9% versus the prior year, while sellers still capture 93.5% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 30540?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Coosawattee (-7%); Coosawattee River Resort (-5%); The Hammock (2%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 30540 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are The Hammock (24 days); Buckhorn Estates (30 days); Walnut Mountain (40 days) — homes there go under contract well ahead of the market-wide pace of 54 days.
30540 (Ellijay) housing market FAQ
How is the housing market in 30540 right now?
As of September 21, 2026, the 30540 housing market favors buyers: the median sale price is $437,500 (down 2.9% year over year), 164 homes are for sale against 249 sales in the last 12 months, which is 8.2 months of supply, and the typical home goes under contract in about 54 days.
How much is a house in 30540?
The median home sold for $437,500 in 30540 over the last 12 months, about $241 per square foot; asking prices on the 164 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 30540?
By the numbers, sellers in 30540 are getting 93.5% of asking price and going under contract in about 54 days with 8.2 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 30540 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 30540 median sale prices are down 2.9% year over year, inventory stands at 8.2 months of supply, and 14% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 30540?
The median sale price in 30540 is currently $437,500, down 2.9% from a year ago, based on MLS sales data updated September 21, 2026.
Is 30540 a buyer's or seller's market right now?
The data currently favors buyers. 30540 scores 37 of 100 on the Momentum Score, with 8.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 30540?
The typical home in 30540 goes under contract in about 54 days, per current MLS data.
How many homes are for sale in 30540?
There are approximately 164 active listings in 30540 as of September 21, 2026.
Are home prices in 30540 rising or falling?
Median sale prices are down 2.9% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 30540 (Ellijay). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Georgia MLS feeds, recorded public sales and public records — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 21, 2026 at 8:13 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (public records) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.