Is Fort Oglethorpe, 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 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
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Oglethorpe was $265,000 in April 2024, up 10.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $223K | $263K | +17.9% |
3 Bedrooms | $248.5K | $255K | +2.6% |
4 Bedrooms | $285K | $315K | +10.5% |
5+ Bedrooms | $231.4K | $420K | +81.5% |
Summary: Fort Oglethorpe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 81.5%.
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% |
Rossville-Beverly Hills | $182.5K | $186K | +1.9% |
Housing Supply in Fort Oglethorpe, GA
How many homes are available in Fort Oglethorpe, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Summary: The Fort Oglethorpe real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fort Oglethorpe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fort Oglethorpe in April 2024, down by 13.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 10 Days | -2.3% |
Summary: Homes in Fort Oglethorpe had an average of 10 days on market in Apr 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Fort Oglethorpe; 31% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.