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Pyle-Davis HousePyle-Davis House · Photo: Melsner4 · CC BY-SA 3.0
Housing in Demorest

38 homes sold in Demorest in the last year, at a typical $307K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Demorest homes are listed.

Homes sold
38
June 2025 to May 2026
Typical sale price
$307K
median, weighted by sales
Price per square foot
$179
Georgia $186
Paid vs. asking
97.3%
8% sold over asking
For sale now
13
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 97% of Demorest’s sales, at a typical $308K

38 homes sold in the year to May 2026.

Houses$308K

typical sale · 37 sold in 12 months

Per square foot
$178GA $181
Days to sell
88
Sold over asking
8%
Listings with a price cut
34%
Fewer sales

Townhouses: 1 sold, typical $279K

Too few sales in 12 months for reliable figures.

8 years of sales

More homes sell than most years, at 2.3 times the 2016 price

38 sales in the last year, against 40 in 2021 and a low of 20 in 2016. The typical sale went from $132K in 2016 to $307K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2016: 20 sold, typical $132K’162017: 26 sold, typical $144K2018: 30 sold, typical $150K’182020: 29 sold, typical $196K2021: 40 sold, typical $202K’212022: 30 sold, typical $244K2024: 22 sold, typical $301K’242025: 40 sold, typical $305KLast 12 months: 38 sold, typical $307KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Demorest

Houseat $178 a sq ft
The same money in Georgiaat $181 a sq ft

Is this asking price fair?

Check a listing against what Demorest homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 8 years of sales

Bidding wars in Demorest are rarer than before the pandemic, and more homes are for sale

We read every month of Demorest’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 38 sales.

If you’re buying in Demorest

  • Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 97.3% of the list price on average; 8% paid over.
  • You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 87 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 4 a month), but August is the most competitive: 34% of August sales close over asking. November has the least competition (7%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 10% sold over asking, 60 days to sellJFeb: 3 new listings a month, 10% sold over asking, 72 days to sellFMar: 3 new listings a month, 19% sold over asking, 74 days to sellMApr: 2 new listings a month, 13% sold over asking, 55 days to sellAMay: 4 new listings a month, 16% sold over asking, 67 days to sellMJun: 3 new listings a month, 13% sold over asking, 48 days to sellJJul: 4 new listings a month, 17% sold over asking, 88 days to sellJAug: 2 new listings a month, 34% sold over asking, 71 days to sellASep: 3 new listings a month, 30% sold over asking, 72 days to sellSOct: 3 new listings a month, 22% sold over asking, 92 days to sellONov: 2 new listings a month, 7% sold over asking, 66 days to sellNDec: 2 new listings a month, 20% sold over asking, 95 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Georgia

Demorest now2017–192021 peakGA now
Sold over askingShare of sales that closed above the list price8%14%27%17%
Gone within two weeksShare of homes under contract within 14 days19%2%46%19%
Listings with a price cutShare of homes for sale that cut their price33%—37%27%
Price paid vs. askingAverage sale price ÷ list price97.3%96.9%98.5%97.6%
Days to sellMedian days from listing to contract87873563
Supply

13 homes for sale on a typical day

That’s 3.3 times the 2021 low (4) and 45% more than in 2017–19.

2016: 12 for sale’162017: 10 for sale2018: 10 for sale2020: 9 for sale’202021: 4 for sale2022: 5 for sale2024: 9 for sale’242025: 13 for saleLast 12 months: 13 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against — in 2017–19 and 27% across Georgia.

2021: 37%’212022: 22%2024: 37%2025: 34%’25Last 12 months: 33%Now

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Demorest home costs about $1,755 a month

Mortgage
Property tax
Insurance
Rent

Price: Demorest’s typical sale, last 12 months. Property tax at Demorest’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Demorest is affordable on local pay is on Cost of living.

Before you buy in Demorest

Six things worth knowing

4

New listings in May

The month with the most choice. November has the fewest, about 2.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $307K home, about $1,840 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Demorest, from test results, graduation and how much students grow.

Schools in Demorest
20 min

Typical commute

The average one-way trip to work for people who live in Demorest.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Toccoa sells for less a square foot

The busier markets within 25 miles of Demorest, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Toccoa124$218K$15123%64
Cornelia54$316K$17715%70
Lula43$274K$17623%70
Demorest38$307K$1798%87
Clarkesville35$356K$21111%72
Baldwin33$300K$17933%62
Mount Airy22$310K$18714%70

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Demorest, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Demorest. People who follow the town see it, and so do people comparing Demorest with their own town. No commission, no listing fee.

Questions about buying a home in Demorest

What do homes sell for in Demorest, GA?

38 homes sold in the year to May 2026 at a typical $307K, $179 a square foot.

Is Demorest a buyer’s or seller’s market?

A buyer’s market: 13 homes were for sale in May 2026 and 2 sold, about 6.5 months of supply. Buyers paid 97.3% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Demorest?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Demorest?

About 0.6% of a home’s value a year. On a $307K home that’s near $1,840.

Where can I see homes for sale in Demorest?

Zillow, Redfin, Realtor.com and Homes.com all carry Demorest’s MLS listings; the search links above open each one filtered to Demorest.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).