Is Oakwood, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer'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
$290,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$35,000(+13.7%)
Key Takeaway
Homes in Oakwood have sold for 13.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206K | $251K | +21.8% |
| 3 Bedrooms | $260K | $303.2K | +16.6% |
| 4 Bedrooms | $360K | $331.6K | -7.9% |
| 5+ Bedrooms | $460K | $445K | -3.3% |
Median Sold Price Compared To Nearby Cities
| Oakwood | $255K | $290K | +13.7% |
| Gainesville | $345K | $374.9K | +8.7% |
| Flowery Branch | $398K | $425K | +6.8% |
How many homes are available in Oakwood, GA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 69 | 66 | -4.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 24 | 14 | -41.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
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 2022 | May 2023 | % |
|---|---|---|
| 12 Days | 16 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
Key Takeaway
Many homes in Oakwood are selling fast, if you're buying plan to act quickly.
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.