Cornelia, GA Home Values & Market Trends
Real estate market trends reflect that there have been 171 transactions over the past year in Cornelia. The median value for residential home transactions that occurred over the previous year is $288,783.29. The number of current listings in Cornelia is 14, and the percentage of properties for sale in the city is 14.00%. Cornelia, GA currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 14 properties for sale.
Cornelia, GA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 30531 | $ 352,500 $ 132/sqft |
Housing Market Summary for Cornelia, GA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $367.4K | $339.7K | -7.56% |
| Median Sold Price | $274.4K | $339.7K | 23.80% |
| Homes For Sale | 20 | 8 | -60.00% |
| Homes Sold | 94 | 29 | -69.15% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cornelia, GA
Browse Homes in Cornelia, GA
Cornelia home values range from $32,598 to $2,365,999. The median estimated value of a home in Cornelia is $288,783.29. The median list price of a home is 337,475, and the total count of properties in the city is 3,640.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cornelia, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cornelia, GA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cornelia, GA ranges from the highest value of $0 in 30531 to the lowest value of $0 in 30531. Bank owned homes and properties account for 0.03% of properties in Cornelia, GA. There is 1 zips within Cornelia, GA; 30531 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions30531 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cornelia, GA. Auction homes and other auction properties account for 0.03% of all properties in Cornelia, GA. There is 1 zips within Cornelia, GA; of that zips, the median estimated home value for homes going to auction ranges from $240,721 in 30531 to the lowest value of $240,721 in 30531.
Compare Nearby Cities
More Real Estate Resources for Cornelia, GA
Guide for Cornelia, GA
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.
Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here
Information on foreclosure financing, refinancing, and foreclosure mortgages.