The story of this market
The typical home in ZIP 30183 sells for about $450,000, or $282 per square foot.
Prices are roughly flat from a year ago (-0.33%), a market in balance. Homes take about 139 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,286 a month.
ZIP 30183 — Waleska
The 30183 housing market is currently experiencing a period of price stabilization with a slight year-over-year decline in median sale prices. High days on market suggest a cooling in buyer urgency, likely driven by the area's rural location and distance from major employment centers. Inventory remains steady, reflecting a balanced market where sellers are adjusting expectations to match current demand.
This ZIP is best suited for retirees and families seeking a quiet, lake-oriented lifestyle who are willing to accept longer commute times to major employment hubs.
Median prices moved down 0.3% year over year.
Homes spend a median of 139 days on market with 5.1 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 30183, Waleska, GA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Cherokee County School District, which generally maintains a positive reputation within the region.
The area faces standard regional risks for wind and storm damage common to northwest Georgia; specific flood and wildfire risk profiles vary by parcel.
Growth is driven by the expansion of residential communities near Lake Arrowhead and the presence of Reinhardt University as a local anchor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Georgia) — Homestead Exemption: Provides a reduction in the assessed value of the property; the state standard exemption is $2,000, which is subtracted from the assessed value before the millage rate is applied. State (Georgia) — Ad Valorem Property Tax Assessment: Taxable tangible property is assessed at 40 percent of its fair market value. The formula for tax due is: ((Fair Market Value * 0.40) - Exemptions) * Millage Rate.
Commuting to the Atlanta employment core typically requires a drive of over an hour via I-575, as the area is largely rural and lacks direct high-capacity transit.
The area is anchored by Lake Arrowhead, which provides extensive opportunities for boating, fishing, and golf, alongside access to local hiking trails.
The rental market is characterized by limited inventory and a mix of long-term residential leases and seasonal lake-area rentals.
The local economy is driven by education (Reinhardt University), tourism/recreation (Lake Arrowhead), and small-scale local services.
Transportation is heavily reliant on private vehicles; the area lacks public transit infrastructure and relies on regional highway corridors like GA-140.
Development is primarily focused on low-density residential expansion and the maintenance of existing lake-community infrastructure.
Cherokee County Tax Assessor manages property valuations with annual adjustments based on market sales data.
Parcels are served by the Cherokee County School District and local fire/emergency service districts.
Property insurance premiums are influenced by the area's rural nature and proximity to forested land, which may impact wildfire risk ratings.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A large private lake offering boating, fishing, and swimming facilities.
A private university that serves as a cultural and educational anchor for the Waleska community.
An 18-hole championship golf course located within the Lake Arrowhead community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.