Is Fort Oglethorpe-Lakeview, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fort Oglethorpe-Lakeview has remained a Seller's Market.
Housing Prices in Fort Oglethorpe-Lakeview, GA
How much do homes in Fort Oglethorpe-Lakeview, GA cost?
Median Sold Price
$253,833
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Oglethorpe-Lakeview was $253,833 in April 2024, up 16.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.4K | $35K | -36.9% |
2 Bedrooms | $195K | $220K | +12.8% |
3 Bedrooms | $219.4K | $255K | +16.2% |
4 Bedrooms | $310K | $310K | 0.0% |
5+ Bedrooms | $231K | $427.5K | +85.1% |
Summary: Fort Oglethorpe-Lakeview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 16.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 85.1%.
Median Sold Price Compared To Nearby Cities
Fort Oglethorpe-Lakeview | $217.1K | $253.8K | +16.9% |
Boynton Ridge | $306.6K | $339K | +10.5% |
Fort Oglethorpe | $240K | $265K | +10.4% |
East Ridge | $241.1K | $266.1K | +10.4% |
Rossville-Beverly Hills | $182.5K | $186K | +1.9% |
Housing Supply in Fort Oglethorpe-Lakeview, GA
How many homes are available in Fort Oglethorpe-Lakeview, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 107 | +2.9% |
Summary: The Fort Oglethorpe-Lakeview real estate market had 107 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 59 | 70 | +18.6% |
4 Bedrooms | 18 | 10 | -44.4% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fort Oglethorpe-Lakeview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Fort Oglethorpe-Lakeview in April 2024, up by 11.1% month-over-month. Of the 30 sold homes, 60% were sold under asking, 23% were sold at asking, and 17% were sold over asking.
Days on Market for Fort Oglethorpe-Lakeview, GA
How long does it take to sell a home in Fort Oglethorpe-Lakeview, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 25 Days | +107.0% |
Summary: Homes in Fort Oglethorpe-Lakeview had an average of 25 days on market in Apr 2024, up by 107% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Fort Oglethorpe-Lakeview; 20% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.