Falling Waters
Homes for Sale in Ellijay, GA
All 132 homes for sale in Ellijay, GA · median $524,950
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Chris Moffa, RB Realty · via Georgia MLS
As of September 2026, Falling Waters in Ellijay, GA has 2 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $560,000, $282 per square foot, a median 34 days on market, sellers accepting 99% of original asking. Homes listed or recently sold were built 2002–2021. At the median price and Gilmer County's 2025 rate of 14.95 mills, annual property tax runs about $3,350.
| Location | Ellijay, Gilmer County, GA · ZIP 30143, 30536, 30540 |
|---|---|
| Home types (current listings and sales) | single-family 60%, cabin,single family residence 40% |
| Amenities listed by sellers | Gated, Lake, Carbon Monoxide Detector(s), Gated Community, Clubhouse, Guest Lodging |
| Sale prices, last 12 months | $560,000 median across 3 closed sales · $282 per sq ft |
| Days on market (closed sales) | 34 median |
| For sale right now | 2 active, 0 pending · median asking $1,700,000 · 8.0 months of supply |
Data as of September 20, 2026. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Market figures describe homes, not residents. Cite as: Momentum Realty, “Falling Waters key facts,” movewithmomentum.com/neighborhoods/falling-waters--gilmer, data as of September 20, 2026.
Last 30 days in Falling Waters: 1 new listing (median asking $1,900,000). As of September 21, 2026, Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed.
With only three closings in the current window, Falling Waters is a thin-data market — the $560,000 median and $282.37 median price per square foot are real, but they represent a handful of sales, not a broad curve. That means a single high-end renovation or a single fixer can swing the median more than it would in a deeper subdivision, so treat these numbers as a directional read rather than a precise appraisal input.
A median 34 days on market suggests homes here are not sitting, but they are not evaporating in days either — there is time for a buyer to do real diligence, and a seller who prices realistically against comparable closings should still see reasonable movement. Given the small sample, the smartest move on either side of the table is a comp pull that goes beyond the community itself and into similar Ellijay and Gilmer County properties.
Falling Waters right now
🟢 Buyer-leaning market. 8.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 20, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 22, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Falling Waters market snapshot (as of September 20, 2026): the median sale price is about $560K ($282 per sq ft over the trailing 12 months of closed sales), a median 34 days on market for closed sales, and 8.0 months of supply, a buyer-leaning market.
In ZIP 30143 (Ellijay), 201 homes closed in the last 12 months at a median of $442K ($209/sq ft), up 3.9% year over year, with a median 47 days on market. Right now 118 active and 16 pending listings put supply at about 7.7 months — a buyer's market. See the live ZIP 30143 housing market.
Georgia MLS sales records identify 7 homes in Falling Waters that have changed hands since 2023, built between 2016 and 2021 (median 2017), with a median living area of about 2,951 sq ft and a typical 3-bedroom, 3.5-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
Falling Waters sits in Ellijay, Gilmer County, an area known for its north Georgia mountain terrain — a setting that tends to shape lot size, topography, and construction style more than a formal amenity package does.
The setting & the homes.
Aerial and on-site photos of Falling Waters. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Falling WatersPhotos from Georgia MLS listings in Falling Waters; content deemed reliable but not guaranteed.
Who Falling Waters is best for.
Best for
- Prioritizing north Georgia mountain terrain and lot character over a formal amenity package.
- Comfortable doing extra comp research given the limited closed-sale history.
- Looking to buy or sell in Ellijay with some flexibility on timeline, given the moderate median days on market.
Probably not for
- Requiring a documented clubhouse, pool, or gated amenity system before making an offer.
- Needing a large, deep comp set to price with tight confidence.
- Wanting a fast, high-competition turnaround typical of denser subdivisions.
Homes For Sale Right Now in Falling Waters
Live MLS inventory for Falling Waters. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Falling Waters listings as of 2026-09-21, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. 
Tap any home to ask about it.
Every Home for Sale in Falling Waters Gilmer Right Now (2)
All 2 active and pending Falling Waters Gilmer listings with a detail page, newest first, refreshed twice a day from the MLS.
- 201 Mountainside Parkway · $1,900,000 · 6 bd / 6 ba · listed Aug 27, 2026 · listed by Keller Williams Elevate
- 1252 Mountainside Parkway · $1,500,000 · 4 bd / 5 ba · listed Jul 4, 2026 · listed by Mountain Sotheby's International
Schools
- Gilmer County School System
- Verify the zoned schools by address
- Magnet and choice options may be available
Gilmer County School System posted a 96.6% four-year graduation rate and 3,985 students across 5 schools in 2024-25 (Governor’s Office of Student Achievement).
- Clear Creek · Elementary
- Clear Creek · Middle
- Gilmer · High
District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Falling Waters listings and can change; always confirm with the Gilmer County School System for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Falling Waters address.
Shop the zone: Homes zoned for Gilmer High School
The Falling Waters buying strategy.
If we were buying in Falling Waters today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Falling Waters.
A small, mountain-terrain market
Current MLS listings for Falling Waters do not show a defined community amenity package — no clubhouse, pool, or gate referenced in the data. That is not unusual for smaller Gilmer County subdivisions, where the draw is typically the land itself: acreage, elevation, and proximity to the broader Ellijay area rather than a shared recreation building. Buyers should confirm directly whether any HOA exists and what, if anything, it covers, since the current snapshot cannot answer that question.
At a median of $560,000 and $282.37 per square foot, pricing here sits in a range where finish level and lot characteristics likely do more work than square footage alone. With just three closings behind the current figures, wide swings between individual sales are plausible — a home with view or waterfront-adjacent positioning could easily outperform the median, while a more standard interior lot could land well under it.
The location and the amenities are priced into every listing in Falling Waters. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closed data, the value we bring is knowing which of the three recent sales are true comps and which are outliers skewing the median — and pulling in nearby Ellijay and Gilmer County activity to fill the gaps. We will also verify HOA status and any restrictions directly, since the MLS feed alone does not confirm what governs the community.
Falling Waters in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Falling Waters buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Falling Waters sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Falling Waters, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Falling Waters home worth?
Get a no-obligation home value based on real comparable sales in Falling Waters, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Ellijay →
10% of homes for sale in ZIP 30536 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Frequently Asked Questions
What is the median home price in Falling Waters?
How long do homes in Falling Waters take to sell?
Is Falling Waters a buyer's or seller's market right now?
Who is the best real estate agent for Falling Waters?
How do I find a top Ellijay real estate agent who knows Falling Waters?
Can Momentum Realty connect me with an agent for Falling Waters?
Where is Falling Waters, and what county is it in?
Should you buy in Falling Waters?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (7 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.
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See how Falling Waters fits the bigger picture — live prices, inventory, and Momentum Scores: