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Is Lakemont, GA 30552 a buyer’s or seller’s market?

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

Lakemont is a buyer’s market. With about 9.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.1Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market111Listing to accepted offer
Median price per sq ft$390▲ +4.1% vs. last year

The Lakemont housing market right now

In the three months ending August 31, 2026, 8% of homes in Lakemont, GA 30552 sold above their list price, the typical home went under contract in 111 days and there were 9.1 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 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (360 days then) and the median sale price rose 9% to $587,246. Overall, Lakemont is more competitive than a year ago, so tougher for buyers.

Within Rabun County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Wiley 30581 (0% sold over asking) or Tiger 30576 (0% sold over asking).

Run the numbers for 30552

Prefilled for 30552Can I win this house?Multiple-offer likelihood for a listing Prefilled for 30552Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clayton 30525Buyer’s market $258 /sq ftDillard 30537Buyer’s market $215 /sq ftMountain City 30562 — /sq ftRabun Gap 30568Balanced $218 /sq ft Browse all markets →

Towns like Lakemont nearby

Find towns like Lakemont in other states →
Glenville, NC28736 · 34 miles away88% similarpricier homes ($74K more) · smaller Lake Toxaway, NC28747 · 38 miles away87% similarcheaper homes ($60K less) · younger residents Mountain Rest, SC29664 · 18 miles away77% similarcheaper homes ($113K less) Fair Play, SC29643 · 29 miles away75% similarcheaper homes ($119K less) · younger residents

Where Lakemont is

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Questions about Lakemont real estate

Is Lakemont a buyer’s or seller’s market?

A buyer’s market: there were 9.1 months of supply in Lakemont, GA 30552 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 Lakemont?

The typical home went under contract in 111 days in the latest three months.

Do homes in Lakemont sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Lakemont?

About 0.56% of a home’s value a year in Rabun County, or roughly $2,240 on a $400,000 home.

What is the median home price in Lakemont?

The median sale price was $587,246 in the three months ending August 31, 2026, about $390 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