FMLS Residential · county

Gilmer

Closed sales series. Latest median $394,000 (-7.3% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 371 active · 4 under contract · 26 pending. Total residential listings by status: 401.

Data confidence: High. 368 closings in the last 12 months. Enough closings to read a trend.

Latest median$394,000-7.3% YoY
Months of supply10.0Buyer-leaning · 12.1 on 31/mo trailing-12
$/SF$227-14.4% YoY
DOM32-41.8% YoY
Sale/list97.5%58.3% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-0.3%$394,000 vs $395,000 FMLS-wide
$/SF+21.8%$227 vs $187 FMLS-wide
DOM-3%32 days vs 33 FMLS-wide
Sale/list-1.4 pts97.5% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

82
Buyer window

3-month volume-weighted median $444,602 (-5.6% vs same 3 months last year) on 98 closings. Latest month is $394,000. Confidence: Moderate (98 closings in 3 months).

3-month $/SF is down 10.3% versus the same 3 months last year.

Months of supply95
10.0 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price61
-5.6% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
2.76 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.07 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced81
46% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend51
+7.7% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

10.0 months of supply on last month’s pace (371 active ÷ 37 closings). 12.1 months on the trailing-12 pace (average 31 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 58.3% of last month’s closings were below list. Days on market are down 42% from a year ago.

Homes for sale in Gilmer County, GA →

How homes actually closed

Above list8.3%More than 1% over list
At list33.3%Within 1% of list
Below list58.3%More than 1% under list
Price reduced45.9%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.0726 pending ÷ 375 (active + under contract)
New / closed2.76102 listed in 30 days vs 37 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Gilmer

High confidence. 368 closings in the last 12 months.

  • The county is context, not a price for your house. A county median blends starter homes and estates.
  • County median is $394,000. Use your city, school zone, or subdivision for the number. Use the county to see if the broader market is tightening or loosening.
  • 10.0 months of supply countywide, 12.1 on the trailing-12 pace. The heading is softening. That tells you about leverage, not your home’s value.
  • Before you list or refinance against a number, pull the city and neighborhood pages and the live inventory. Homes for sale in Gilmer County, GA →

What this means if you are listing in Gilmer

  • Price to the closed median and $/SF here ($394,000, $227), not the FMLS-wide number. This market is below the FMLS footprint by 0.3% on median.
  • With 10.0 months of supply, expect about 32 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 58.3% of recent closings were below list and 45.9% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Gilmer County, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 45.9% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-wide median.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k5213.0%
$300–500k12731.7%
$500–750k12230.4%
$750k–1M5614.0%
$1M+4411.0%

Property types

TypeListedMedian ask
Single Family Residence400$549,950
Townhouse1$289,900

371 active, 4 under contract, 26 pending. 102 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202637$394,000$2273297.5%58.3%45.9%
Aug 202629$469,000$2332998.7%62.1%41.4%
Jul 202632$481,000$2115896.9%68.8%59.4%
Jun 202622$380,000$2763397.0%68.2%50.0%
May 202636$495,000$2424896.6%80.6%58.3%
Apr 202628$472,000$2303096.0%85.7%32.1%
Mar 202634$502,500$2655697.0%64.7%44.1%
Feb 202617$485,000$1915196.8%88.2%52.9%
Jan 202626$422,000$2798196.6%69.2%57.7%
Dec 202540$450,700$2337896.1%72.5%62.5%
Nov 202528$413,000$2724396.2%78.6%46.4%
Oct 202539$505,000$2277697.4%71.8%61.5%
Sep 202522$425,000$2655596.0%66.7%59.1%
Aug 202536$466,000$2165997.4%80.6%58.3%
Jul 202531$510,000$2763496.2%74.2%29.0%
Jun 202529$512,340$2383296.6%82.8%44.8%
May 202537$489,000$2372996.5%77.8%40.5%
Apr 202529$452,000$2483998.2%65.5%44.8%
Mar 202531$490,000$2468795.6%74.2%48.4%
Feb 202531$482,000$2765197.5%67.7%48.4%
Jan 202528$458,500$2248797.2%89.3%64.3%
Dec 202430$417,500$2494396.4%76.7%46.7%
Nov 202427$525,000$2526297.2%81.5%51.9%
Oct 202431$477,000$2667997.6%80.6%54.8%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale in Gilmer County, GA → · ← FMLS report