$4,393 Closing Credit*
$369,900
1,989 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Real Estate Partners Chattanooga LLC
Is Fort Oglethorpe-Lakeview, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fort Oglethorpe-Lakeview has remained a Seller's Market.
Key Takeaway
Fort Oglethorpe-Lakeview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Oglethorpe-Lakeview, GA
How much do homes in Fort Oglethorpe-Lakeview, GA cost?
Median Sold Price
$245,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.1%)
Key Takeaway
Homes in Fort Oglethorpe-Lakeview have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Fort Oglethorpe-Lakeview was $245,000 in October 2024, up 2.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $153K | N/A |
| 2 Bedrooms | $215K | $214.9K | 0% |
| 3 Bedrooms | $250K | $249.9K | 0% |
| 4 Bedrooms | $327.4K | $300K | -8.4% |
| 5+ Bedrooms | $392.5K | $400K | +1.9% |
Summary: Fort Oglethorpe-Lakeview 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Rossville-Beverly Hills | $200K | $206K | +3.0% |
| Boynton Ridge | $345K | $355K | +2.9% |
| Fort Oglethorpe-Lakeview | $240K | $245K | +2.1% |
| East Ridge | $263K | $268K | +1.9% |
| Fort Oglethorpe | $263K | $261.9K | -0.4% |
Housing Supply in Fort Oglethorpe-Lakeview, GA
How many homes are available in Fort Oglethorpe-Lakeview, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 106 | -8.6% |
Summary: The Fort Oglethorpe-Lakeview real estate market had 106 homes for sale in October 2024, a 8.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 25 | 28 | +12.0% |
| 3 Bedrooms | 62 | 52 | -16.1% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Fort Oglethorpe-Lakeview 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 12%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Oglethorpe-Lakeview, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Fort Oglethorpe-Lakeview in October 2024, down by 11.1% month-over-month. Of the 24 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Fort Oglethorpe-Lakeview, GA
How long does it take to sell a home in Fort Oglethorpe-Lakeview, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 87 Days | +65.8% |
Summary: Homes in Fort Oglethorpe-Lakeview had an average of 87 days on market in Oct 2024, up by 65.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fort Oglethorpe-Lakeview has remained consistent over time.
Summary: During October 2024, 24 homes were sold in Fort Oglethorpe-Lakeview; 13% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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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.