Is Oakwood, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Oakwood is a seller's market


Difference Since May 2022

Since last year, Oakwood has remained a Seller's Market.

Key Takeaway

Oakwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Oakwood, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Oakwood have sold for 13.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $206K$251K
3 $260K$303.2K
4 $360K$331.6K
5+ $460K$445K

Median Sold Price Compared To Nearby Cities

Flowery Branch

How many homes are available in Oakwood, GA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 1310
3 4444
4 1210
5+ 02

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakwood, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

How long does it take to sell a home in Oakwood, GA?

How long does it take to sell a home in Oakwood, GA?

Average Sale Time

May 2022May 2023%
12 Days16 Days+30.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oakwood are selling fast, if you're buying plan to act quickly.

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

What housing markets are near Oakwood, GA?

About Oakwood, GA

Homes for sale in Oakwood, GA have reached 66. Between April 2023 and May 2023, Oakwood, GA real estate market has seen decrease in the number of listings by 4.3%. The median list price of listings available in May 2023 was $290,000, while the average time on the real estate market was 16 days. Listing prices have changed in this real estate market between April 2023 and May 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 21.8%, 3 bedrooms properties prices increased by 16.6%, prices of 4 bedrooms properties went down by 7.9%, 5 bedrooms properties prices decreased by 3.3%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 23.1%, number of 3 bedrooms homes remained the same, the quantity of 4 bedrooms homes went down by 16.7%, 5 bedrooms homes became 100% more available. In May 2023, from all listings sold in Oakwood, GA there were more than 3 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price.