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 85 homes for sale in Gilmer County, GA priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,909 sq ft, built 2005, at $266/sq ft; 12% of them are new construction and the median has been on the market 30 days. The most house for the money is in Ellijay (2,180 sq ft median); the least in Cherry Log (1,142 sq ft); the newest in Talking Rock (median build year 2014).

What $500K buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Ellijay662,1803 / 2.52005$2409%28
Cherry Log81,1422 / 21999$41612%68
Talking Rock61,7203 / 22014$28817%40
Blue Ridge51,2002 / 22001$39640%30

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 Ellijay452,2202005$22911%
30536 Ellijay212,0422004$2555%
30522 Cherry Log81,1421999$41612%
30175 Talking Rock61,7202014$28817%
30513 Blue Ridge51,2002001$39640%

Communities with the most homes near $500K

CommunityCityHomes for sale near $500KMedian sq ftMedian year built
CoosawatteeEllijay162,4262005
Cherry LakeBlue Ridge61,1582004
Coosawattee River ResortEllijay42,4232015
Eagle MountainEllijay32,7272003
High RiverEllijay21,5572021
Walnut MountainEllijay22,4201991
The Vineyard at YukonTalking Rock21,3442025
Beaver LakeEllijay21,9142016
Talking Rock Creek ResortRanger22,2682014
Rodgers CreekEllijay11,5281990
Cartecay River EstatesEllijay12,2172022
Cherry Log MountainBlue Ridge11,1681987
Lucky Hollow FarmsEllijay11,9252021
BuckhornEllijay14,9162026
Clear Creek AcresTalking Rock11,7201993

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 27, 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 85 active listings within 10% of $500K, the median home is 1,909 sq ft and was built in 2005, at about $266 per square foot. Ellijay gives the most space at that price (2,180 sq ft median); Cherry Log the least.

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

Talking Rock, where the median listing near $500K was built in 2014 and 17% of them are new construction.

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

About 12% of the 85 homes listed near $500K are new construction. The highest builder share is in Blue Ridge (40%), Talking Rock (17%), Cherry Log (12%).