Commercial Real Estate Market in Gillsville, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 22 off-market properties in Gillsville, GA.
Market Trends
Gillsville, GA spans 38.4 square miles in Hall County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gillsville, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Gillsville, GA asks $261/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gillsville, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Gillsville, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 66.7%
- Residential 32.9%
- Commercial 0.4%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential District
Industrial
Central Business District
Gillsville, GA zones 1,920 acres across 4 districts. Commercial zoning covers 0.4% of zoned land, residential 32.9% and industrial 66.7%. The largest single district is Agricultural at 65.8%. For commercial buyers the practical constraint is that only 67.1% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
The R-1, single-family residential district is intended to provide an opportunity for the establishment and preservation of quiet, stable, single-family residential neighborhoods at low densities free from other uses except those which are compatible with and convenient to the residents of such a district. To qualify acreage for rezoning to R-1, there shall…
Market overview
Demographics & Economy
Gillsville, GA has 5,001 residents in 1,877 households. Density runs 130 people per square mile. Median household income here is $75,848 and median gross rent $1,272 a month.
5,001
Population
1,877
Households
2.7
Avg Household Size
35
Median Age
7%
College-Educated
76%
High-School Grad
38.4 sq mi
ZIP Area
130
Density / Sq Mi
$75,848
Median Household Income
$41,464
Median Earnings
$1,272
Median Rent
$237,300
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Gillsville?
Gillsville, GA zones 1,920 acres across 4 districts, of which 0.4% is commercial and 66.7% industrial. The largest single district is Agricultural at 65.8% of zoned land. Residential zoning covers 32.9% and open space 0%.
Where does Realmo's Gillsville market data come from?
Realmo compiles Gillsville, GA figures from 9 active sale listings, 22 tracked off-market properties, the current Gillsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Gillsville, GA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,920 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
