Housing Prices in Rabun Gap, GA
How much do homes in Rabun Gap, GA cost?
Median List Price
$498,750
$218/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Rabun Gap was $498,750 in May 2024, up 21.8% from the previous year, and the median price per square foot was $218.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284.5K | - | N/A |
2 Bedrooms | $248K | $413.2K | +66.6% |
3 Bedrooms | $379K | $435K | +14.8% |
4 Bedrooms | $489K | $585K | +19.6% |
5+ Bedrooms | $698.7K | $998.5K | +42.9% |
Summary: Rabun Gap housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 42.9%.
Median List Price Compared To Nearby Cities
Mountain City | $307K | $375K | +22.1% |
Rabun Gap | $409.5K | $498.7K | +21.8% |
Sky Valley | $442.4K | $430K | -2.8% |
Dillard | $468.9K | $424.9K | -9.4% |
Housing Supply in Rabun Gap, GA
How many homes are available in Rabun Gap, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Rabun Gap real estate market had 17 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Rabun Gap housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Rabun Gap, GA
How long does it take to sell a home in Rabun Gap, GA?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
206 Days | 128 Days | -37.8% |
Summary: Homes in Rabun Gap had an average listing age of 128 days in May 2024, down by 37.8% compared to the previous year.