Market Overview
Home Prices in Ellijay, GA
The median home value in Ellijay, GA is $411,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ellijay are priced0% above average.
Over the past five years, Ellijay home values have risen by approximately29.8%, reflecting strong long-term appreciation in this market.
Price History
Ellijay Home Price Trend
2020
$238,449
$238K
—
2021
$317,234
$317K
+33.0%
2022
$405,850
$406K
+27.9%
2023
$399,335
$399K
-1.6%
2024
$414,009
$414K
+3.7%
2025
$416,100
$416K
+0.5%
2026
$411,702
$412K
-1.1%
City Comparison
Ellijay vs. National Median
🏠 Ellijay
$411,702
National Median
$410,000
At $411,702, homes in Ellijay cost 0% above the national median of $410,000. Buyers in Ellijay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ellijay?
20% Down Payment
$82,340
on $411,702
Monthly P&I
$2,147/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,727/mo
incl. taxes & insurance
Income Needed
$109,080
gross annual (30% rule)
10% Down Option
$41,170
+ PMI applies
Loan Amount (20% dn)
$329,362
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ellijay, GA?
The median home value in Ellijay is $411,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Ellijay?
Over the past year, home values in Ellijay have decreased by 1.1%. Over five years, prices have risen approximately 29.8%.
How much do I need to earn to buy a home in Ellijay?
To comfortably afford the median home price of $411,702 with a 20% down payment ($82,340) at today's rates (6.8%), you'd need a gross annual income of approximately $109,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Ellijay compare to the national average home price?
The national median home value is approximately $410,000. At $411,702, homes in Ellijay are 0% above the national average.