#10450636, Rachel B. Callihan, Listing Office: Ansley RE|Christie's Int'l RE
Cherry Log Housing Market Report January 2025•Gilmer County, Georgia
Housing Prices in Cherry Log, GA
How much do homes in Cherry Log, GA cost?
Housing Market Conditions
Is Cherry Log, GA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cherry Log is a Buyer's Market
Difference Since January 2024
Since last year, Cherry Log has remained a Buyer's Market.
Cherry Log is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cherry Log have sold for 25% more than they did a year ago.
Summary: The median home sold price in Cherry Log was $599,900 in January 2025, up 25% from last year, and the median price per square foot was $308.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Cherry Log | $480K | $599.9K | +25.0% |
North Gilmer | $460K | $497.5K | +8.2% |
Rich Mountain | $485K | $507.5K | +4.6% |
Higdon-Mobile | $609.5K | $575.7K | -5.5% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $350K | - | N/A |
22 Bedrooms | $418.6K | $450K | +7.5% |
33 Bedrooms | $544.5K | $600K | +10.2% |
44 Bedrooms | $865K | $975K | +12.7% |
55+ Bedrooms | $900K | $1.7M | +95.3% |
Summary: Cherry Log housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +10.2%. The home price for 4 bedroom homes increased by +12.7%. The home price for 5 bedroom homes increased by +95.3%.
Housing supply in Cherry Log, GA
How many homes are available in Cherry Log, GA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
71Last MonthJan 2025 | ||
632 months agoDec 2024 | +12.7 % Change MoMDec – Jan |
Summary: The Cherry Log real estate market had 71 homes for sale in Jan 2025, a 12.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJan 2025 | ||
42 months agoDec 2024 | +25.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 6 | 9 | +50.0% |
33 Bedrooms | 42 | 46 | +9.5% |
44 Bedrooms | 10 | 12 | +20.0% |
55+ Bedrooms | 4 | 3 | -25.0% |
Summary: Cherry Log housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +9.5%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Cherry Log, GA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
If you're buying a home in Cherry Log, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cherry Log in January 2025, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Cherry Log, GA
How long does it take to sell a home in Cherry Log, GA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days3 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in Cherry Log has remained consistent over time.
Summary: During January 2025, 5 homes were sold in Cherry Log; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
104 DaysThis YearJan 2025 | ||
21 Days1 year agoJan 2024 | +396.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Cherry Log had an average listing age of 104 days in Jan 2025, up by 396.2% compared to the previous year.
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Newest Listings in Cherry Log, GA
What homes are available in Cherry Log, GA?
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MLS Disclaimers and Copyright
Based on information from Northeast Georgia MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.