Is Fort Oglethorpe, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fort Oglethorpe has remained a Seller's Market.
Housing Prices in Fort Oglethorpe, GA
How much do homes in Fort Oglethorpe, GA cost?
Median Sold Price
$265,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fort Oglethorpe was $265,000 in March 2024, up 8.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $260K | +18.2% |
3 Bedrooms | $248.5K | $255K | +2.6% |
4 Bedrooms | $310K | $320K | +3.2% |
5+ Bedrooms | $308K | $485K | +57.5% |
Summary: Fort Oglethorpe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 57.5%.
Median Sold Price Compared To Nearby Cities
Fort Oglethorpe-Lakeview | $215K | $250K | +16.3% |
Boynton Ridge | $299.9K | $339.2K | +13.1% |
Fort Oglethorpe | $243.7K | $265K | +8.7% |
Rossville-Beverly Hills | $182.2K | $193K | +5.9% |
Housing Supply in Fort Oglethorpe, GA
How many homes are available in Fort Oglethorpe, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 37 | -17.8% |
Summary: The Fort Oglethorpe real estate market had 37 homes for sale in March 2024, a 17.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 27 | 20 | -25.9% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fort Oglethorpe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Fort Oglethorpe in March 2024, up by 7.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Fort Oglethorpe, GA
How long does it take to sell a home in Fort Oglethorpe, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
6 Days | 33 Days | +426.3% |
Summary: Homes in Fort Oglethorpe had an average of 33 days on market in Mar 2024, up by 426.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Fort Oglethorpe; 13% 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.