October's First-Time Homebuyer Report for Elbert County

Elbert County is much younger than the rest of Georgia, with a median age of 41. It's less affluent than average as well, with a median income of $32,083 per household. Its two largest cities are Elberton and Bowman. The Elbert County market is almost exclusively made up of detached homes, currently accounting for 100% overall. The top school in the county is Lake Oconee Charter.

Price Range

The median value of homes in Elbert County is $70,300, making the area almost identical to others in Georgia. At the same time, the average list price of available homes is presently $105,868. Elberton and Bowman are the costliest places in the county.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Elbert County:

$349K   $449K   $146K  

Typical Dwelling

The typical dwelling in Elbert County is a three-bedroom detached home worth about $105,266. To purchase a similar home, a buyer with good credit and a $21,053 cash down payment could obtain a mortgage with a 3.95% interest rate and a $141 monthly payment. The property tax rate is $6.49 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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