Gilmer County, Georgia Housing Market Prices
Gilmer County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 96% below the Georgia median Among the top 5 cheapest counties in Georgia$9,882
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Median rent 28% below the Georgia median$997
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Gilmer County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,882 | $256,986 | $248,835 |
| Price Trend (Annual %) | 4.1% | 8.9% | 7.5% |
| Median Gross Rent | $997 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gilmer County is about 96% lower than in Georgia. Rent is about 28% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Gilmer County, up about 4.1% and 4.6% a year respectively. Rent is changing faster.
Median rent in Gilmer County rose about 45.1% between 2015 and 2024, from $687 to $997. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Gilmer County.
Buying the median-priced home in Gilmer County costs roughly 0.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Gilmer County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Gilmer County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,882 | $256,986 | $248,835 |
| Median Household Income | $74,528 | $77,523 | $80,455 |
| Price-to-Income Ratio | 0.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gilmer County fell about 93.7%, while median household income rose about 94.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Gilmer County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.8% | 58.9% | 58.5% |
| Rental Rate | 13.6% | 30.8% | 31.2% |
| Vacancy Rate | 29.7% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Gilmer County has a homeownership rate of 56.8%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 29.7%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Gilmer County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1997 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Gilmer County was built around 1997. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Gilmer County, GA Housing Compared With Nearby Counties
Gilmer County, GA is typical in size for this group, 32,422 residents against a local median of 32,597, so the measures below are close to a like for like comparison. Gilmer County, GA's median home price, at $9,882, runs 97% below the $351,111 typical of the counties around it.
The counties themselves spread $214,816 on median home price, so Gilmer County, GA sits at one end of an already wide local range rather than apart from it. Gilmer County, GA has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Gilmer County, GA | 32,422 | $9,882 #5/5 | $997 #3/5 | 80.7% #2/5 |
| Fannin County, GA | 25,731 | $434,538 | $899 | 78.6% |
| Pickens County, GA | 34,951 | $330,000 | $1,135 | 81.2% |
| Murray County, GA | 40,562 | $219,722 | $857 | 73.8% |
| Dawson County, GA | 30,242 | $372,222 | $1,625 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Gilmer County, Georgia.
What is the median home price in Gilmer County, Georgia?
The median home price in Gilmer County, Georgia is $9,882, lower than the Georgia average of $256,986.
What is the average home price in Gilmer County, Georgia?
The typical home price in Gilmer County, Georgia, reported as the median sale price, is $9,882. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Gilmer County, Georgia?
The median gross rent in Gilmer County, Georgia is $997 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Gilmer County in 2020?
In 2020, the median gross rent in Gilmer County, Georgia was $785 per month.
What is the price-to-rent ratio in Gilmer County, Georgia?
The price-to-rent ratio in Gilmer County, Georgia is about 0.8, meaning it would take roughly 0.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Gilmer County.
Are home prices or rent rising faster in Gilmer County, Georgia?
Both home prices and rent are rising in Gilmer County, up about 4.1% and 4.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Gilmer County, Georgia?
56.8% of households in Gilmer County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Gilmer County, Georgia?
The housing vacancy rate in Gilmer County, Georgia is 29.7%, higher than the Georgia average of 10.3%.
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