North Gilmer Housing Market Report February 2025•Gilmer County, Georgia

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Housing Prices in North Gilmer, GA

How much do homes in North Gilmer, GA cost?

Housing Market Conditions

Is North Gilmer, GA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

North Gilmer is a Buyer's Market

Difference Since February 2024

At the same time last year, North Gilmer was a Seller's Market.

Insight

North Gilmer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$490,000$265/SqFt
+$30,000
+6.5%

Based on all homes sold in the last 12 months

Insight

Homes in North Gilmer have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in North Gilmer was $490,000 in February 2025, up 6.5% from last year, and the median price per square foot was $265.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Cherry Log
+21.7%
North Gilmer
+6.5%
Carters Lake
+6.0%
Ellijay
+3.9%
Rich Mountain
+2.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$260K$199K
-23.5%
2$400K$397K
-0.8%
3$504K$512K
+1.6%
4$632.5K$641K
+1.3%
5$800K$1.2M
+56.3%

Summary: North Gilmer housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -23.5%. The home price for 2 bedroom homes decreased by -0.8%. The home price for 3 bedroom homes increased by +1.6%. The home price for 4 bedroom homes increased by +1.3%. The home price for 5 bedroom homes increased by +56.3%.

How does North Gilmer, GA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

North Gilmer, GA

Housing supply in North Gilmer, GA

How many homes are available in North Gilmer, GA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
193Last MonthFeb 2025
1642 months agoJan 2025
+17.7 %
Change MoMJan – Feb

Summary: The North Gilmer real estate market had 193 homes for sale in Feb 2025, a 17.7 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthFeb 2025
142 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
11012
+20.0%
24858
+20.8%
37389
+21.9%
42630
+15.4%
574
-42.9%

Summary: North Gilmer housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes increased by +20.8%. The inventory for 3 bedroom homes increased by +21.9%. The inventory for 4 bedroom homes increased by +15.4%. The inventory for 5 bedroom homes decreased by -42.9%.

Asking Price vs. Sold Price

How much do homes in North Gilmer, GA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price11 Homes

Insight

If you're buying a home in North Gilmer, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in North Gilmer in February 2025, the same as the previous month. Of the 14 sold homes, 79% were sold under asking, 7% were sold at asking, and and 14% were sold over asking.

Days on Market for North Gilmer, GA

How long does it take to sell a home in North Gilmer, GA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days7 Homes

Over 90 Days5 Homes

Insight

Avg time on Rocket Homes in North Gilmer has remained consistent over time.

Summary: During February 2025, 14 homes were sold in North Gilmer; 14% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
71 DaysThis YearFeb 2025
103 Days1 year agoFeb 2024
-30.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in North Gilmer had an average listing age of 71 days in Feb 2025, down by 30.7% compared to the previous year.

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Newest Listings in North Gilmer, GA

What homes are available in North Gilmer, GA?

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Nearby markets

Popular Cities with Homes for Sale in Georgia

MLS Disclaimers and Copyright

Based on information from Northeast Georgia MLS, Georgia MLS, First Multiple Listing Service Inc., and Classic MLS for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2025. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

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: 3/13/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

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: 3/13/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information 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. Information deemed reliable but not guaranteed.
Copyright© 2025 Classic MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.