What $500K Buys in Gilmer County, GA

A $500K budget buys a very different house depending on which Gilmer County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.

There are 84 homes for sale in Gilmer County, GA priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,874 sq ft, built 2003, at $267/sq ft; 11% of them are new construction and the median has been on the market 33 days. The most house for the money is in Ellijay (1,980 sq ft median); the least in Blue Ridge (1,200 sq ft); the newest in Ellijay (median build year 2004).

What $500K buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Ellijay671,9803 / 2.52004$2559%29
Talking Rock71,7923 / 2.52004$2680%64
Cherry Log51,4182 / 21996$35920%39
Blue Ridge51,2002 / 22001$39640%78

By ZIP code: where $500K goes furthest

The same budget by ZIP — useful where one city covers most of the county.

ZIPHomes for saleMedian sq ftMedian year built$ / sq ftNew construction
30540 Ellijay392,1202005$24110%
30536 Ellijay281,8191997$2677%
30175 Talking Rock71,7922004$2680%
30522 Cherry Log51,4181996$35920%
30513 Blue Ridge51,2002001$39640%

Communities with the most homes near $500K

CommunityCityHomes for sale near $500KMedian sq ftMedian year built
CoosawatteeEllijay112,0402005
Eagle MountainEllijay53,0202006
Cherry LakeBlue Ridge41,3222013
Walnut MountainEllijay32,1941996
Coosawattee River ResortEllijay22,0372023
Buckhorn EstatesEllijay22,0392006
Talking Rock Creek ResortRanger22,2682014
Big Creek MountainEllijay11,7961988
High RiverEllijay11,5392022
Cherry Log MountainBlue Ridge11,1681987
Clear Creek AcresTalking Rock11,7201993
Talona Mountain HomesEllijay13,1111985
Goose Island HideawayCherry Log11,4181996
Talking Rock CreekRanger11,1202022
Garret CoveEllijay11,3682026

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of November 7, 2026; property mix at this price: Single-family 99%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Gilmer County: $400K, $750K. Back to homes for sale in Gilmer County, GA.

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Common questions

What does $500K buy in Gilmer County, GA?

Across 84 active listings within 10% of $500K, the median home is 1,874 sq ft and was built in 2003, at about $267 per square foot. Ellijay gives the most space at that price (1,980 sq ft median); Blue Ridge the least.

Which Gilmer County city has the newest homes around $500K?

Ellijay, where the median listing near $500K was built in 2004 and 9% of them are new construction.

How much new construction is there at $500K in Gilmer County?

About 11% of the 84 homes listed near $500K are new construction. The highest builder share is in Blue Ridge (40%), Cherry Log (20%), Ellijay (9%).