Ellaville, GA—31806
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ellaville, GA
As of Oct '25, the median home price in Ellaville, GA is $179,000, with a year-over-year change of -4.2%. This indicates that home prices in Ellaville, GA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | -4.2% |
| Single Family | $178,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $106,000 | -9.4% |
3 Bed | $183,000 | -3.7% |
4 Bed | $277,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ellaville, GA
Ellaville, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ellaville, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ellaville, GA is 78. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 75.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 8.0% |
Listing Count | 8 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 78 | 33.0% |
Demographics — Ellaville, GA
As of the latest ACS Survey released in 2023, Ellaville, GA has a population of 4,320, which has decreased by -16.7% over the past 5 years. Ellaville, GA is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,320 | -16.7% |
% Under 18 | 23.1% | -3.3% |
% Seniors | 14.7% | -8.7% |
% WFH | 8.6% | 207.1% |
% w/ College Degree | 19.3% | 47.3% |
As of the latest ACS Survey released in 2023, Ellaville, GA is a predominantly white area, with 77.7% of the population identifying as white. The white population has grown by 19.4% in the last 5 years. The second most common race or ethnicity in Ellaville, GA is black, making up 17.1% of the population. Foreign-born residents account for 0.3% of the population in Ellaville, GA, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.7% | 19.4% |
% Black | 17.1% | -42.2% |
% Hispanic | 2.2% | -57.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -62.5% |
Mortgage and Risk — Ellaville, GA
According to HUD data as of 2023, there were 86 mortgage originations in Ellaville, GA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Ellaville, GA. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Ellaville, GA
Ellaville, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 40 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Ellaville, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $179,000 |
| Median Household Income | $61,000 |