Misty Lake
Homes for Sale in Ellenwood, GA
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Tracey L Bennett, HomeSmart · via Georgia MLS
Over the 12 months ending 2026-09-03, 4 recorded sales closed at a median of $356,500, $103 per square foot, a median 29 days on market, sellers accepting 98% of original asking (-6% versus the prior year). Homes listed or recently sold were built 1995–2007. At the median price and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $4,910.
Misty Lake's pricing sits in a straightforward band, with a median around $356,500 and a price per square foot near $103. That per-foot number is on the lower end for DeKalb County, which points to a mix of home sizes and condition rather than a premium tied to shared amenities — MLS records show none identified for this community, so whatever value is here is coming from the structure and lot, not a clubhouse or gate.
A median of 29 days on market is a workable pace — not a bidding-war environment, but not a stagnant one either. With only a handful of closings feeding this snapshot, treat any single comp with some caution and lean on a current walk-through of active listings before anchoring a number.
Misty Lake right now
🟡 Off the recent peak. The trailing-12-month median ($356K) is down 6.2% from the prior 12 months ($380K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 3. Confidence: Low (4 and 5 sales in the two windows).
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Updated September 3, 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
Misty Lake market snapshot (as of September 3, 2026): the median sale price is about $356K ($103 per sq ft over the trailing 12 months of closed sales), and a median 29 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Georgia MLS closed sales (4 closings in the current window).
Misty Lake is a residential community in Ellenwood, DeKalb County, where current pricing is driven by the individual home and lot rather than by shared community infrastructure.
The setting & the homes.
Aerial and on-site photos of Misty Lake. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Misty Lake
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Misty LakePhotos from Georgia MLS listings in Misty Lake; content deemed reliable but not guaranteed.
Who Misty Lake is best for.
Best for
- Buying primarily for home size and lot rather than for a bundled amenity package.
- Comfortable with a moderate, roughly month-long marketing timeline rather than needing an immediate sale.
- Working with an agent to vet condition and comps closely given the limited closing volume behind current pricing.
Probably not for
- Requiring an HOA-maintained pool, clubhouse, or recreational facility as part of the purchase.
- Needing a large, deep dataset of recent comparable sales before feeling confident in a price.
- Expecting a fast, high-competition sale timeline based on scarce inventory alone.
Misty Lake on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Georgia MLS. Map data © OpenStreetMap, tiles © CARTO.
The Misty Lake buying strategy.
If we were buying in Misty Lake 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Misty Lake.
Value Without a Amenity Premium
The math here is simple: a median price near $356,500 against a per-square-foot figure around $103 suggests buyers are paying for square footage and land more than for a resort-style package of pools, trails, or clubhouses. Current MLS listings for the community show no identified amenities, so pricing conversations should center on condition, lot size, and finish level rather than what the HOA maintains.
At a median of 29 days on market, homes here are moving at a reasonable clip without the frenzy of a tight-inventory pocket. That gives buyers a bit more room to inspect and negotiate, and gives sellers a market that rewards a home priced and presented correctly rather than one that will simply sell itself on location alone.
The location and the amenities are priced into every listing in Misty Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With a small number of recent closings behind this snapshot, pricing a home in Misty Lake correctly takes more than pulling a median off a report. We look at the actual comps behind the number, walk the condition variables that move price per square foot, and price to the market as it stands today — not to a countywide average.
Misty Lake 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 Misty Lake 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 Misty Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Misty Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Misty Lake home worth?
Get a no-obligation home value based on real comparable sales in Misty Lake, 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 homes for sale in Misty Lake on the map →
Misty Lake Market Scorecard
Misty Lake is currently a no active listings market. Limited supply, a median asking price of n/a.
Go deeper: true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Misty Lake?
How long do homes in Misty Lake take to sell?
Who is the best real estate agent for Misty Lake?
How do I find a top Ellenwood real estate agent who knows Misty Lake?
Can Momentum Realty connect me with an agent for Misty Lake?
Should you buy in Misty Lake?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Misty Lake with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 11, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 3, 2026 |
| Historical depth | Closed-sale records back to 2023 (13 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 Misty Lake fits the bigger picture — live prices, inventory, and Momentum Scores: