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Is Ellaville, GA 31806 a buyer’s or seller’s market?

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

Ellaville is a seller’s market. With about 2.6 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$94▼ −42.2% vs. last year

The Ellaville housing market right now

In the three months ending August 31, 2026, 20% of homes in Ellaville, GA 31806 sold above their list price, the typical home went under contract in 52 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (74 days then) and the median sale price fell 46% to $175,224. Overall, Ellaville is more competitive than a year ago, so tougher for buyers.

Run the numbers for 31806

Prefilled for 31806Can I win this house?Multiple-offer likelihood for a listing Prefilled for 31806Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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Towns like Ellaville nearby

Find towns like Ellaville in other states →
Cusseta, GA31805 · 27 miles away79% similarcheaper homes ($53K less) · smaller Box Springs, GA31801 · 26 miles away78% similarpricier homes ($46K more) · older residents Buena Vista, GA31803 · 11 miles away74% similarcheaper homes ($51K less) Unadilla, GA31091 · 33 miles away73% similarcheaper homes ($73K less)

Where Ellaville is

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Questions about Ellaville real estate

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

A seller’s market: there were 2.6 months of supply in Ellaville, GA 31806 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 Ellaville?

The typical home went under contract in 52 days in the latest three months.

Do homes in Ellaville sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Ellaville?

About 0.90% of a home’s value a year in Schley County, or roughly $3,600 on a $400,000 home.

What is the median home price in Ellaville?

The median sale price was $175,224 in the three months ending August 31, 2026, about $94 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