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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Oglethorpe is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fort Oglethorpe, GA

How much do homes in Fort Oglethorpe, GA cost?

Median Sold Price

$261,900

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,100(-0.4%)

Key Takeaway

The sold price of homes in Fort Oglethorpe has remained the same since last year.

Summary: The median home sold price in Fort Oglethorpe was $261,900 in October 2024, down 0.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$153K
N/A
2 $249.9K$232.7K
-6.9%
3 $260K$270K
+3.8%
4 $329.9K$299.9K
-9.1%
5+ $550K$400K
-27.3%

Summary: Fort Oglethorpe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 27.3%.

Median Sold Price Compared To Nearby Cities

Rossville-Beverly Hills
+3.0%
Boynton Ridge
+2.9%
Fort Oglethorpe-Lakeview
+2.1%
Fort Oglethorpe
-0.4%

Housing Supply in Fort Oglethorpe, GA

How many homes are available in Fort Oglethorpe, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4547+4.4%

Summary: The Fort Oglethorpe real estate market had 47 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 1214
+16.7%
3 2223
+4.5%
4 65
-16.7%
5+ 35
+66.7%

Summary: The Fort Oglethorpe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
713+85.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Oglethorpe, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Fort Oglethorpe in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
32 Days49 Days+49.6%

Summary: Homes in Fort Oglethorpe had an average of 49 days on market in Oct 2024, up by 49.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Oglethorpe has remained consistent over time.

Summary: During October 2024, 13 homes were sold in Fort Oglethorpe; 8% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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