Housing · Sky Valley

Sky Valley, GA housing market

The typical Sky Valley home is worth about $439,000, up 1.4% in a year, 33% above the Georgia typical home.

Home values, sales, trends and how Sky Valley compares with the towns next door — updated as new data is published.

The market right now

Sky Valley at a glance

Typical home value
$439K
▲ 1.4% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

Sky ValleyGeorgia
$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 Sky Valley $439K Georgia $331K
Show as a table
JanuarySky ValleyGeorgia
2017$179,000$172,000
2018$194,000$186,000
2019$216,000$202,000
2020$227,000$215,000
2021$274,000$240,000
2022$353,000$292,000
2023$379,000$323,000
2024$411,000$334,000
2025$422,000$339,000
2026$436,000$332,000
August 2026$439,000$331,000
New construction

3 new homes permitted in 2025

Builders were permitted 3 new homes in Sky Valley in 2025, all single-family houses, worth about $2.6 million to build. Over the past 10 years, Sky Valley has permitted 26 homes in all.

New homes, 2025
3
2 in 2024
2026 so far
2
Jan–Aug
Single-family
100%
of 2025’s new homes
Single-family2026 so far
0102030 2000: 15 homes 2000 2001: 10 homes 2002: 14 homes 2003: 15 homes 2004: 21 homes 2005: 23 homes 2005 2006: 10 homes 2007: 6 homes 2008: 1 home 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 1 home 2013: 0 homes 2014: 1 home 2015: 0 homes 2015 2016: 1 home 2017: 0 homes 2018: 2 homes 2019: 1 home 2020: 1 home 2020 2021: 6 homes 2022: 7 homes 2023: 3 homes 2024: 2 homes 2025: 3 homes 2025 2026 so far: 2 homes

Homes vs. people, 2010–2020

Residents+210
New homes+6

Between the 2010 and 2020 censuses, Sky Valley gained 210 residents while 6 new homes were permitted: about 35 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Georgia: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$1.7 million
2025330$2.6 million
2024220$605,000
2023330$1.9 million
2022770$1.5 million
2021660$1.3 million
2020110$475,000
2019110$333,000
2018220$875,000
2017000—
2016110$204,000
2015000—
2014110$230,000
2013000—
2012110$370,000
2011000—
2010000—
2009000—
2008110$300,000
2007660$1.2 million
200610100$3.3 million
200523230$4.5 million
200421210$4.1 million
200315150$3.1 million
200214140$2.7 million
200110100$1.8 million
200015150$2.4 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
59.4%
Median tax bill
$3,114
Median rent
$1,377
Typical home built
1988

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,600

HUD's Fair Market Rent for a two-bedroom in Sky Valley is $1,600 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sky Valley pay a median of $1,377, so moving in tends to cost more than staying put.

1 bedroom
$1,220
a month, with utilities
2 bedrooms
$1,600
a month, with utilities
3 bedrooms
$2,220
a month, with utilities

Studio $1,100 · 4 bedrooms $2,410

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30537; Rabun County, GA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01