Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$411,163−0.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$89,132About 1.3× the local median income ($69,729): a stretch for a typical household
Days on market78 daysSlower than a year ago: buyers have time to negotiate
The typical home in Gilmer County, GA is worth $411,163, down 0.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $335,183, so the area is 22.7% overvalued. It is a buyer's market: homes take about 78 days to sell, listings are up 14% from a year ago, 25% of listings have had a price cut. A household needs about $89,132 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,729. Typical rent is $1,758 a month. In the latest IRS figures, 497 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$411,163
Change in 1 year
−0.6%
Overvalued %
+22.7%
Show 6 more
Fair home value
$335,183
Change in 5 years
+22.1%
Home value to income
5.9×
Monthly mortgage payment (20% down)
$2,228
Income needed to afford it
$89,132
Property tax rate
0.35%
Rent and investing
Typical rent
$1,758
Price-to-rent ratio
19.5×
HUD Fair Market Rent, 2 bedrooms
$1,047
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Gross rental yield
5.13%
Cap rate (estimate)
3.34%
Market activity
Listings vs a year ago
+13.5%
Days on market
78
Listings with a price cut
25.4%
Show 3 more
Homes for sale
689
Pending sales per 100 listings
11
Asking price per sq ft
$274
People and jobs
Median household income
$69,729
Population change (1 year)
+1.2%
Unemployment rate
2.7%
Show 4 more
Population
33,894
Income adjusted for cost of living
$80,148
Net moves in (IRS)
+497
Cost of living (US = 100)
87.0
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
68.1
Flood risk score
75.3
Show 3 more
Wildfire risk score
71.3
Walkability (1 to 20)
5.2
Road, rail and air noise
55 dB
Questions people ask
Is Gilmer County, GA overvalued?
Home prices in Gilmer County, GA are well above what local incomes have historically supported: fair value is about $335,183, so the area is 22.7% overvalued.
Is Gilmer County, GA a buyer's or seller's market?
Gilmer County, GA is a buyer's market: homes take about 78 days to sell, listings are up 14% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Gilmer County, GA?
Home values in Gilmer County, GA are down 0.6% over the last year.
How much do you need to earn to buy a home in Gilmer County, GA?
A household needs about $89,132 a year to afford the typical home in Gilmer County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,729.