Is Ellerslie, GA 31807 a buyer’s or seller’s market?
Ellerslie is a seller’s market. With about 0.9 months of supply and 24% 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.
More competitive than 71% of U.S. ZIP codes, and #3 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
The Ellerslie housing market right now
In the three months ending August 31, 2026, 24% of homes in Ellerslie, GA 31807 sold above their list price, the typical home went under contract in 21 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (6 days then) and the median sale price fell 13% to $348,849. Overall, Ellerslie is less competitive than a year ago, which gives buyers more room.
Within Harris County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Ellerslie ranks #3 of 371 GA ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Shiloh 31826 (0% sold over asking) or Pine Mountain 31822 (4% sold over asking), while Pine Mountain Valley 31823 (50% sold over asking) and Cataula 31804 (36% sold over asking) are even more competitive.
Run the numbers for 31807
Nearby markets
Cataula 31804Seller’s market $164 /sq ftFortson 31808Seller’s market $164 /sq ftHamilton 31811Balanced $188 /sq ftPine Mountain 31822Buyer’s market $195 /sq ft Browse all markets →Towns like Ellerslie nearby
Find towns like Ellerslie in other states →Where Ellerslie is
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Questions about Ellerslie real estate
Is Ellerslie a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Ellerslie, GA 31807 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 Ellerslie?
The typical home went under contract in 21 days in the latest three months.
Do homes in Ellerslie sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Ellerslie?
About 0.85% of a home’s value a year in Harris County, or roughly $3,400 on a $400,000 home.
What is the median home price in Ellerslie?
The median sale price was $348,849 in the three months ending August 31, 2026, about $176 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