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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Oglethorpe-Lakeview is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Fort Oglethorpe-Lakeview has remained a Seller's Market.

Key Takeaway

Fort Oglethorpe-Lakeview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Oglethorpe-Lakeview, GA

How much do homes in Fort Oglethorpe-Lakeview, GA cost?

Median Sold Price

$250,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,000(+16.3%)

Key Takeaway

Homes in Fort Oglethorpe-Lakeview have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in Fort Oglethorpe-Lakeview was $250,000 in March 2024, up 16.3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $55.4K$35K
-36.9%
2 $178.2K$220K
+23.4%
3 $216K$254.9K
+18.0%
4 $306.5K$299.9K
-2.2%
5+ $308K$435K
+41.2%

Summary: Fort Oglethorpe-Lakeview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.9%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 41.2%.

Median Sold Price Compared To Nearby Cities

Fort Oglethorpe-Lakeview
+16.3%
Boynton Ridge
+13.1%
East Ridge
+10.3%
Fort Oglethorpe
+8.7%
Rossville-Beverly Hills
+5.9%

Housing Supply in Fort Oglethorpe-Lakeview, GA

How many homes are available in Fort Oglethorpe-Lakeview, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
110100-9.1%

Summary: The Fort Oglethorpe-Lakeview real estate market had 100 homes for sale in March 2024, a 9.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 2824
-14.3%
3 6557
-12.3%
4 1617
+6.3%
5+ 11
0.0%

Summary: The Fort Oglethorpe-Lakeview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2826-7.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Oglethorpe-Lakeview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Fort Oglethorpe-Lakeview in March 2024, down by 7.1% month-over-month. Of the 26 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% 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

Mar 2023Mar 2024CHANGE
8 Days48 Days+500.3%

Summary: Homes in Fort Oglethorpe-Lakeview had an average of 48 days on market in Mar 2024, up by 500.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Oglethorpe-Lakeview are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 26 homes were sold in Fort Oglethorpe-Lakeview; 15% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

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Newest Listings in Fort Oglethorpe-Lakeview, GA

undefined land for sale

$450,000

Land

1.61 Acres

0 Westside Country Dr, Fort Oglethorpe GA, 30742

Listing Office:

RE/MAX Renaissance Realtors

MLS logo
undefined land for sale

$70,000

Land

0.36 Acres

0 Dandelion Trl, Fort Oglethorpe GA, 30742

Listing Office:

RE/MAX Renaissance Realtors

MLS logo
3 bedrooms, 1 full bath, 1 partial house for sale

$252,000

$2,993 Closing Credit

3

1 Full, 1 Partial

1,134 SqFt

540 Steele Rd, Rossville GA, 30741

Listing Office:

Crye-Leike, REALTORS

MLS logo
3 bedrooms, 1 full bath, 1 partial house for sale

$260,000

$3,088 Closing Credit

3

1 Full, 1 Partial

1,068 SqFt

125 Hillsboro Rd, Rossville GA, 30741

Ryan K King

Listing Office:

Greater Chattanooga Realty, Keller Williams Realty

MLS logo
3 bedrooms, 1 full bath, 1 partial house for sale

$260,000

$3,088 Closing Credit

3

1 Full, 1 Partial

1,068 SqFt

125 Hillsboro Rd, Rossville GA, 30741

Listing Office:

Keller Williams Realty

MLS logo
4 bedrooms, 2 partial baths house for sale

$38,000

$451 Closing Credit

4

2

1,440 SqFt

461 French St, Rossville GA, 30741

Listing Office:

Coldwell Banker Kinard Realty

MLS logo
3 bedrooms, 2 full baths condo for sale

$249,000

$2,957 Closing Credit

3

2

1,360 SqFt

1902 Cedar Creek Dr, Rossville GA, 30741

Listing Office:

Crye-Leike, REALTORS

MLS logo
2 bedrooms, 2 full baths townhouse for sale

$259,900

$3,086 Closing Credit

2

2

1,500 SqFt

129 Anchor Dr, Rossville GA, 30741

Sandra

Listing Office:

simpliHOM

MLS logo
2 bedrooms, 2 full baths townhouse for sale

$259,900

$3,086 Closing Credit

2

2

1,500 SqFt

129 Anchor Dr, Rossville GA, 30741

Listing Office:

simpliHOM

MLS logo
2 bedrooms, 1 full bath house for sale

Backup Offers

$179,900

$2,136 Closing Credit

2

1

950 SqFt

71 Biscayne Blvd, Rossville GA, 30741

Listing Office:

Keller Williams Realty

MLS logo
3 bedrooms, 2 full baths condo for sale

$247,000

$2,933 Closing Credit

3

2

1,360 SqFt

1803 Cedar Creek Dr, Rossville GA, 30741

Listing Office:

Keller Williams Realty

MLS logo
3 bedrooms, 1 full bath house for sale

$155,000

$1,841 Closing Credit

3

1

1,254 SqFt

105 Shelby St, Fort Oglethorpe GA, 30742

Kurt Olson

Listing Office:

Greater Downtown Realty dba Keller Williams Realty

MLS logo

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MLS Disclaimers and Copyright

Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., RealTracs Middle Tennessee Regional MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 04/01/2022 - 04/01/2024

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:18:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 2:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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