$4,689 Closing Credit*
$394,900
1,910 SqFt
4 Beds
•2 Full Baths, 1 Partial
James A Moore, Listing Office: Asher Realty, Inc
Is Gillsville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Gillsville was a Seller's Market.
Key Takeaway
Gillsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gillsville, GA
How much do homes in Gillsville, GA cost?
Median Sold Price
$330,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,500(+13.2%)
Key Takeaway
Homes in Gillsville have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Gillsville was $330,000 in November 2024, up 13.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $122.5K | $245K | +100.0% |
| 3 Bedrooms | $278K | $310K | +11.5% |
| 4 Bedrooms | $335K | $382K | +14.0% |
| 5+ Bedrooms | $340K | $900K | +164.7% |
Summary: Gillsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 164.7%.
Housing Supply in Gillsville, GA
How many homes are available in Gillsville, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Gillsville real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 8 | -42.9% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Gillsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gillsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Gillsville in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Gillsville, GA
How long does it take to sell a home in Gillsville, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 16 Days | +62.7% |
Summary: Homes in Gillsville had an average of 16 days on market in Nov 2024, up by 62.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gillsville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Gillsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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