2 hours on Rocket
$6,116 Closing Credit¹
#10478125, Cynthia Kerr, Listing Office: Century 21 Results
Rich Mountain Housing Market Report February 2025•Gilmer County, Georgia
Housing Prices in Rich Mountain, GA
How much do homes in Rich Mountain, GA cost?
Housing Market Conditions
Is Rich Mountain, GA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rich Mountain is a Buyer's Market
Difference Since February 2024
Since last year, Rich Mountain has remained a Buyer's Market.
Insight
Rich Mountain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$489,950$273/SqFt
+$10,050
+2.1%
Based on all homes sold in the last 12 months
Insight
Homes in Rich Mountain have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Rich Mountain was $489,950 in February 2025, up 2.1% from last year, and the median price per square foot was $273.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Cherry Log | $480K | $584K | +21.7% |
| North Gilmer | $460K | $490K | +6.5% |
| Ellijay | $439.7K | $456.6K | +3.9% |
| Rich Mountain | $479.9K | $489.9K | +2.1% |
| South Gilmer | $520K | $437.5K | -15.9% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $288.3K | - | N/A |
| 22 Bedrooms | $407.5K | $328.6K | -19.3% |
| 33 Bedrooms | $475K | $500K | +5.3% |
| 44 Bedrooms | $645K | $650K | +0.8% |
| 55+ Bedrooms | $900K | - | N/A |
Summary: Rich Mountain housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -19.3%. The home price for 3 bedroom homes increased by +5.3%. The home price for 4 bedroom homes increased by +0.8%. The home price for 5 bedroom homes did not change.
How does Rich Mountain, GA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Rich Mountain, GA
Housing supply in Rich Mountain, GA
How many homes are available in Rich Mountain, GA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 138Last MonthFeb 2025 | ||
| 1182 months agoJan 2025 | +16.9 % Change MoMJan – Feb |
Summary: The Rich Mountain real estate market had 138 homes for sale in Feb 2025, a 16.9 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | +1000.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 5 | +66.7% |
| 22 Bedrooms | 20 | 25 | +25.0% |
| 33 Bedrooms | 55 | 66 | +20.0% |
| 44 Bedrooms | 27 | 28 | +3.7% |
| 55+ Bedrooms | 13 | 14 | +7.7% |
Summary: Rich Mountain housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes increased by +3.7%. The inventory for 5 bedroom homes increased by +7.7%.
Asking Price vs. Sold Price
How much do homes in Rich Mountain, GA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price11 Homes
Insight
If you're buying a home in Rich Mountain, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Rich Mountain in February 2025, up by 1,000.0% month-over-month. Of the 11 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Rich Mountain, GA
How long does it take to sell a home in Rich Mountain, GA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days6 Homes
Insight
Most homes in Rich Mountain are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 11 homes were sold in Rich Mountain; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 122 DaysThis YearFeb 2025 | ||
| 128 Days1 year agoFeb 2024 | -4.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Rich Mountain had an average listing age of 122 days in Feb 2025, down by 4.2% compared to the previous year.
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Newest Listings in Rich Mountain, GA
What homes are available in Rich Mountain, GA?
3 hours on Rocket
$6,233 Closing Credit¹
#413899, Listing Office: REMAX Town & Country - Blue Ridge
3 hours on Rocket
$7,124 Closing Credit¹
#7540470, The Justin Landis Group, Listing Office: Bolst, Inc.
6 hours on Rocket
$3,503 Closing Credit¹
#7540172, Adina Elfaituri, Listing Office: RE/MAX Town And Country
9 hours on Rocket
$8,609 Closing Credit¹
#1508985, Listing Office: EXP Realty LLC
9 hours on Rocket
$6,116 Closing Credit¹
#413876, Listing Office: Century 21 Results
1 day on Rocket
$10,000 Closing Credit¹
#10476882, Caroline Gray, Listing Office: Mountain Sotheby's Int'l Realty
1 day on Rocket
$10,000 Closing Credit¹
#10476643, Cindy T. West, Listing Office: RE/MAX Town & Country
1 day on Rocket
$10,000 Closing Credit¹
#413860, Listing Office: Mountain Sotheby's International Realty
2 days on Rocket
$5,938 Closing Credit¹
#413842, Listing Office: Keller Williams Realty Greater Dalton
2 days on Rocket
$5,938 Closing Credit¹
#1508883, Listing Office: Keller Williams Realty
2 days on Rocket
$10,000 Closing Credit¹
#413815, Listing Office: REMAX Town & Country - Ellijay
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MLS Disclaimers and Copyright
Based on information from Northeast Georgia MLS, Georgia MLS, First Multiple Listing Service Inc., Chattanooga MLS / Multiple Listing Service of Chattanooga 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, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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Last updated on: 3/13/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.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, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The 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, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.