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Foreclosures in Ellijay, GA

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Living in Ellijay, GA

Ellijay, GA, is a tranquil town nestled in the Appalachian Mountains, known for its scenic views and friendly community. Residents enjoy a rich lifestyle filled with outdoor activities, excellent schools, and vibrant local events. The town's unique apple orchards and close proximity to nature make it a perfect spot for both families and investors alike.

Current Market Conditions in Ellijay, GA

As of October 2023, the real estate market in Ellijay is currently on the rise, with an increase in demand for both primary residences and vacation homes. Investors are particularly interested in the area's growing popularity among tourists looking for nature retreats and seasonal activities.

The average home prices have been steadily increasing, with rental properties also showing strong returns on investment due to the influx of visitors during peak seasons. This trend suggests a thriving market with potential for continued appreciation in value.

Home Value Estimator For Ellijay, GA

There are currently 11,714 real estate properties in Ellijay, GA, with a median automated valuation model (AVM) price of $385,446.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellijay, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ellijay, GA, is $415,134.00, with the most expensive house in Ellijay, GA, topping out at $14,497,300.00 and the cheapest home in Ellijay, GA, clocking in at $11,826.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellijay, GA!

Rent Prices In Ellijay, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellijay, GA, is on a rollercoaster ride. The average rent price in Ellijay, GA, is $1,242.00. Indeed, when looking to rent in Ellijay, GA, you can expect to pay as little as $470.00 or as much as $3,480.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Ellijay, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ellijay, GA Foreclosures


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