Is Fort Oglethorpe, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Oglethorpe is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Fort Oglethorpe was a Seller's Market.

Key Takeaway

Fort Oglethorpe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fort Oglethorpe, GA

How much do homes in Fort Oglethorpe, GA cost?

Median Sold Price

$263,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,550(+5.9%)

Key Takeaway

Homes in Fort Oglethorpe have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Fort Oglethorpe was $263,000 in May 2024, up 5.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $224K$257K
+14.7%
3 $250K$255K
+2.0%
4 $310K$322.5K
+4.0%
5+ $295K$485K
+64.4%

Summary: Fort Oglethorpe housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Cities

Fort Oglethorpe-Lakeview
+11.6%
Boynton Ridge
+9.4%
Fort Oglethorpe
+5.9%
Rossville-Beverly Hills
+1.6%

Housing Supply in Fort Oglethorpe, GA

How many homes are available in Fort Oglethorpe, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4041+2.5%

Summary: The Fort Oglethorpe real estate market had 41 homes for sale in May 2024, a 2.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2423
-4.2%
4 44
0.0%
5+ 01
+100.0%

Summary: The Fort Oglethorpe housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Oglethorpe, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Fort Oglethorpe in May 2024, down by 57.1% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Fort Oglethorpe, GA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Fort Oglethorpe, GA

Nearby Markets to Fort Oglethorpe, GA

What housing markets are near Fort Oglethorpe, GA?