Cornelia, GA home prices
Typical home $321,747 · +1.9% in a year · income needed $87,900
The Cornelia, GA metro area ranks 276 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.9% in a year and +36.1% over five years. With 20% down at 7.11%, the typical home costs about $2,050 a month including 0.59% property tax (Habersham County rate).
Mortgage on the typical Cornelia home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,349 | $257,397 | $1,732 | $0 | $319 | $2,050 | $87,900 |
| 10% down | $32,175 | $289,572 | $1,948 | $121 | $319 | $2,387 | $102,300 |
| 5% down | $16,087 | $305,659 | $2,056 | $127 | $319 | $2,502 | $107,200 |
| 3.5% down (FHA) | $11,261 | $315,919 | $2,125 | $142 | $319 | $2,586 | $110,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Cornelia area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Habersham County, GA | $321,659 | +1.9% | 0.59% |
What can you afford in Georgia on your salary? · Georgia home prices · Salaries in Georgia
Frequently asked questions
How much is a house in Cornelia?
The typical home in the Cornelia, GA metro area is worth $321,747 (Zillow, September 2026).
What salary do you need to buy a house in Cornelia?
About $87,900 a year for the typical home with 20% down at 7.11%.