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Cherry Log Market Report

$821,123

AVERAGE PRICE OF 106 HOMES

$1,820,442

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$1,508,407

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$688,000

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

$780,181

AVERAGE PRICE OF 11 HOMES WITH A POOL

Average Home

Average Price	$821,123
Avg Bedrooms	2.85 beds
Avg Bathrooms	2.8 baths

Average Price by Bedrooms

1 bedroom	$429,000
2 bedrooms	$695,566
3 bedrooms	$726,845
4 bedrooms	$1,749,944
5 bedrooms	$1,522,000

Cherry Log Home Price Trends

	12/2024	11/2024	10/2024	9/2024	8/2024
Total Listings	118	130	127	137	137
Average Price	$896,344	$899,885	$902,875	$773,257	$757,833
Avg Price Change	-0.40%	-0.33%	+16.76%	+2.04%	+2.34%
Median Price	$721,432	$718,314	$703,848	$631,142	$596,538
Med Price Change	+0.43%	+2.06%	+11.52%	+5.80%	-2.00%
Avg Bedrooms	2.81 beds	2.63 beds	2.57 beds	2.37 beds	2.33 beds
Avg Bathrooms	2.75 baths	2.63 baths	2.56 baths	2.32 baths	2.24 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Fannin County	23	$756,013	94 days
Gilmer	8	$1,240,736	68 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	106	$821,123	94 days
Multi-Million Dollar Homes	19	$1,820,442	58 days
Newly Built Homes	13	$1,508,407	72 days
Reduced Price Homes	5	$688,000	114 days
Homes with a Pool	11	$780,181	104 days

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

First Multiple Listing Service, Inc. Last updated January 17, 2025.

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of GAMLS. All real estate listings are marked with the GAMLS Broker ReciprocitySM thumbnail logo and detailed information about them includes the name of the listing brokers. January 17, 2025

The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.