Is Cherry Log, GA 30522 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cherry Log is a buyer’s market. With about 9.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #323 of 371 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply9.4Under 4 months = seller’s market
Sold above original list13.3%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$369▼ −7.3% vs. last year

The Cherry Log housing market right now

In the three months ending August 31, 2026, 13% of homes in Cherry Log, GA 30522 sold above their list price, the typical home went under contract in 77 days and there were 9.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (48 days then) and the median sale price rose 48% to $700,197. Overall, Cherry Log is about as competitive as it was a year ago.

On our competition score, Cherry Log ranks #323 of 371 GA ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Ellijay 30540 (9% sold over asking).

Nearby markets

East Ellijay 30539Balanced $215 /sq ftEllijay 30536Buyer’s market $240 /sq ftEllijay 30540Buyer’s market $231 /sq ft Browse all markets →

Where Cherry Log is

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Questions about Cherry Log real estate

Is Cherry Log a buyer’s or seller’s market?

A buyer’s market: there were 9.4 months of supply in Cherry Log, GA 30522 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cherry Log?

The typical home went under contract in 77 days in the latest three months.

Do homes in Cherry Log sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Cherry Log?

About 0.35% of a home’s value a year in Gilmer County, or roughly $1,400 on a $400,000 home.

What is the median home price in Cherry Log?

The median sale price was $700,197 in the three months ending August 31, 2026, about $369 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology