$5,343 Closing Credit*
$449,900
2,486 SqFt
4 Beds
•3 Full Baths
Listing Office: Pratt Homes, LLC
Is Fort Oglethorpe, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$260,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-1.7%)
Key Takeaway
Homes in Fort Oglethorpe have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Fort Oglethorpe was $260,500 in November 2024, down 1.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $153K | N/A |
| 2 Bedrooms | $249.9K | $233K | -6.8% |
| 3 Bedrooms | $265K | $270K | +1.9% |
| 4 Bedrooms | $310K | $310K | 0.0% |
| 5+ Bedrooms | $550K | $400K | -27.3% |
Summary: Fort Oglethorpe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 27.3%.
Median Sold Price Compared To Nearby Cities
| Rossville-Beverly Hills | $199.9K | $207.3K | +3.7% |
| Boynton Ridge | $346.9K | $350.5K | +1.0% |
| Fort Oglethorpe | $265K | $260.5K | -1.7% |
| Fort Oglethorpe-Lakeview | $249.9K | $245K | -2.0% |
Housing Supply in Fort Oglethorpe, GA
How many homes are available in Fort Oglethorpe, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 41 | -8.9% |
Summary: The Fort Oglethorpe real estate market had 41 homes for sale in November 2024, a 8.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 7 | -41.7% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fort Oglethorpe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 41.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Oglethorpe, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Fort Oglethorpe in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 30 Days | +658.3% |
Summary: Homes in Fort Oglethorpe had an average of 30 days on market in Nov 2024, up by 658.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Oglethorpe are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Fort Oglethorpe; 20% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.