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LULA RESIDENTIAL HISTORIC DIST., HALL CTYPhoto: Jerrye & Roy Klotz, MD · CC BY-SA 3.0
Housing in Lula

43 homes sold in Lula in the last year, at a typical $274K

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 Lula homes are listed.

Homes sold
43
June 2025 to May 2026
Typical sale price
$274K
median, weighted by sales
Price per square foot
$176
Georgia $186
Paid vs. asking
97.6%
23% sold over asking
For sale now
13
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 91% of Lula’s sales, at a typical $270K

43 homes sold in the year to May 2026.

Houses$270K

typical sale · 39 sold in 12 months

Per square foot
$181GA $181
Days to sell
45
Sold over asking
26%
Listings with a price cut
27%
Fewer sales

Townhouses: 4 sold, typical $309K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

43 sales in the last year, against 85 in 2020 and a low of 35 in 2014. The typical sale went from $129K in 2016 to $274K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 46 sold, typical $57K’122013: 48 sold, typical $68K2014: 35 sold, typical $97K’142015: 38 sold, typical $99K2016: 70 sold, typical $129K’162017: 63 sold, typical $143K2018: 53 sold, typical $156K’182019: 82 sold, typical $170K2020: 85 sold, typical $191K’202021: 64 sold, typical $249K2022: 60 sold, typical $277K’222023: 40 sold, typical $283K2024: 47 sold, typical $302K’242025: 43 sold, typical $308KLast 12 months: 43 sold, typical $274KNow

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

What your budget buys

What $250K buys in Lula

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

Is this asking price fair?

Check a listing against what Lula 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 · 14 years of sales

Bidding wars in Lula are back to pre-pandemic levels, and more homes are for sale

We read every month of Lula’s home sales since 2012 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, 43 sales.

If you’re buying in Lula

  • Shop in July. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • Some room to negotiate. 18% of listings cut their price, about as many as before the pandemic.
  • Offer under asking. Buyers paid 97.6% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 70 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 9 a month), but June is the most competitive: 36% of June sales close over asking. March has the least competition (10%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 7 new listings a month, 26% sold over asking, 60 days to sellJFeb: 7 new listings a month, 11% sold over asking, 69 days to sellFMar: 5 new listings a month, 10% sold over asking, 65 days to sellMApr: 7 new listings a month, 35% sold over asking, 40 days to sellAMay: 7 new listings a month, 29% sold over asking, 40 days to sellMJun: 6 new listings a month, 36% sold over asking, 32 days to sellJJul: 9 new listings a month, 21% sold over asking, 36 days to sellJAug: 5 new listings a month, 33% sold over asking, 37 days to sellASep: 4 new listings a month, 31% sold over asking, 54 days to sellSOct: 7 new listings a month, 22% sold over asking, 53 days to sellONov: 4 new listings a month, 30% sold over asking, 56 days to sellNDec: 3 new listings a month, 18% sold over asking, 48 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Georgia

Lula now2017–192021 peakGA now
Sold over askingShare of sales that closed above the list price23%20%50%17%
Gone within two weeksShare of homes under contract within 14 days25%30%43%19%
Listings with a price cutShare of homes for sale that cut their price18%15%23%27%
Price paid vs. askingAverage sale price ÷ list price97.6%98.8%99.5%97.6%
Days to sellMedian days from listing to contract70592263
Supply

19 homes for sale on a typical day

That’s 2.2 times the 2023 low (8), 23% more than in 2017–19 and well under 2012’s 25.

2012: 25 for sale’122013: 14 for sale2014: 13 for sale2015: 16 for sale’152016: 16 for sale2017: 14 for sale2018: 16 for sale’182019: 15 for sale2020: 12 for sale2021: 10 for sale’212022: 11 for sale2023: 8 for sale2024: 12 for sale’242025: 15 for saleLast 12 months: 19 for saleNow
Room to negotiate

1 in 6 listings has cut its price

18% in the last year, against 15% in 2017–19 and 27% across Georgia.

2015: 37%’152016: 35%2017: 20%2018: 13%’182019: 14%2020: 16%2021: 23%’212022: 37%2023: 25%2024: 26%’242025: 27%Last 12 months: 18%Now

Source: Redfin Data Center, city market tracker, January 2012 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 Lula home costs about $1,596 a month

Mortgage
Property tax
Insurance
Rent

Price: Lula’s typical sale, last 12 months. Property tax at Lula’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lula is affordable on local pay is on Cost of living.

Before you buy in Lula

Six things worth knowing

9

New listings in July

The month with the most choice. December has the fewest, about 3.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $274K home, about $2,000 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Lula
29 min

Typical commute

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

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

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Lula, 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
Gainesville438$384K$19611%68
Cornelia54$316K$17715%70
Lula43$274K$17623%70
Maysville43$380K$1949%120
Demorest38$307K$1798%87
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 Lula, free

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

Questions about buying a home in Lula

What do homes sell for in Lula, GA?

43 homes sold in the year to May 2026 at a typical $274K, $176 a square foot.

Is Lula a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in May 2026 and 5 sold, about 2.6 months of supply. Buyers paid 97.6% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Lula?

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

How much are property taxes in Lula?

About 0.7% of a home’s value a year. On a $274K home that’s near $2,000.

Where can I see homes for sale in Lula?

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

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).