Gilmer County
Housing Market
Median sale price $427,800, down 3.5% year over year, with homes going under contract in about 55 days, 209 homes on the market.
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Housing Market Analyst
Inventory sits at 9.0 months of supply — heavy by the 3-to-6-month balanced benchmark, and 12% of listed homes are already under contract. Prices are down 3.5% versus the prior year, but sellers are still collecting 93.1% 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 12% of inventory sits under contract.
Derived from current Gilmer County 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.
Where Gilmer County is hot — and where it isn't
Each dot is a community (14 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Gilmer County
The median sale price across Gilmer County currently stands at $427,800, down 3.5% from a year ago. Buyers are paying a median of $241 per square foot. The typical home goes under contract in about 55 days. Sellers are capturing 93.1% of their original asking price on average.
There are 209 active listings on the market, with 25 more already under contract. At the current sales pace that works out to 9.0 months of supply — a buyer-leaning market by the standard six-month benchmark. 290 homes closed here over the trailing 12 months.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Gilmer County is 35 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 October 9, 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 Gilmer County 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.
Neighborhoods on the move
| Walnut MountainEllijay | $480K | ▲ 17% |
| Buckhorn EstatesEllijay | $477K | ▲ 3% |
| The HammockEllijay | $487K | ▲ 2% |
| Coosawattee River ResortEllijay | $438K | ▲ -5% |
| CoosawatteeEllijay | $415K | ▲ -7% |
| Cherry LakeBlue Ridge | $428K | ▼ 9% |
| CoosawatteeEllijay | $415K | ▼ 7% |
| Coosawattee River ResortEllijay | $438K | ▼ 5% |
| The HammockEllijay | $487K | ▼ 2% |
| Buckhorn EstatesEllijay | $477K | ▼ 3% |
| CoosawatteeEllijay | $415K | 80 |
| Cherry LakeBlue Ridge | $428K | 24 |
| Coosawattee River ResortEllijay | $438K | 23 |
| Walnut MountainEllijay | $480K | 16 |
| High RiverEllijay | $550K | 8 |
| The HammockEllijay | $487K | 24 days |
| Buckhorn EstatesEllijay | $477K | 30 days |
| Walnut MountainEllijay | $480K | 40 days |
| CoosawatteeEllijay | $415K | 53 days |
| Cherry LakeBlue Ridge | $428K | 61 days |
Cities in Gilmer County
ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Gilmer County right now?
The data says conditions currently favor buyers in Gilmer County — the Momentum Score reads 35/100 with 9.0 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 Gilmer County becoming more affordable?
Yes, modestly — the median sale price in Gilmer County is $427,800, down 3.5% versus the prior year, while sellers still capture 93.1% 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 Gilmer County?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Cherry Lake (-9%); Coosawattee (-7%); Coosawattee River Resort (-5%). 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 Gilmer County 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 55 days.
Gilmer County housing market FAQ
How is the housing market in Gilmer County right now?
As of October 9, 2026, the Gilmer County housing market favors buyers: the median sale price is $427,800 (down 3.5% year over year), 209 homes are for sale against 290 sales in the last 12 months, which is 9.0 months of supply, and the typical home goes under contract in about 55 days.
How much is a house in Gilmer County?
The median home sold for $427,800 in Gilmer County over the last 12 months, about $241 per square foot; asking prices on the 209 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 Gilmer County?
By the numbers, sellers in Gilmer County are getting 93.1% of asking price and going under contract in about 55 days with 9.0 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 Gilmer County housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Gilmer County median sale prices are down 3.5% year over year, inventory stands at 9.0 months of supply, and 12% 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 Gilmer County?
The median sale price in Gilmer County is currently $427,800, down 3.5% from a year ago, based on MLS sales data updated October 9, 2026.
Is Gilmer County a buyer's or seller's market right now?
The data currently favors buyers. Gilmer County scores 35 of 100 on the Momentum Score, with 9.0 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Gilmer County?
The typical home in Gilmer County goes under contract in about 55 days, per current MLS data.
How many homes are for sale in Gilmer County?
There are approximately 209 active listings in Gilmer County as of October 9, 2026.
Are home prices in Gilmer County rising or falling?
Median sale prices are down 3.5% 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 Gilmer County. 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: October 9, 2026 at 5:01 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.