Cornelia Real Estate Market Sees Sales Down

In this week's report, the number of homes sold in the Cornelia market dropped to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. In comparison, nearby Toccoa had 10 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $99,000, up from last week's $89,500. With decreasing sales and the availability of seven months of inventory, Cornelia is a definite buyer's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Cornelia:

$349K   $765K   $149K  

Get started right now by checking out Cornelia homes for sale or reviewing Cornelia real estate trends.

Demographic facts for Cornelia:

  • The median value of all homes in the area is $93,200.
  • The area gets 113 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 9.0%.
  • The student-to-teacher ratio is 13.5:1. (15.3:1 = national average)

Data reported through 10/12/2016

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