$3,557 Closing Credit*
$299,500
1,403 SqFt
3 Beds
•2 Full Baths
Trent, Listing Office: CB Kennon, Parker, Duncan & Davis
Is Oak Grove, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Oak Grove was a Seller's Market.
Key Takeaway
Oak Grove is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Oak Grove, GA
How much do homes in Oak Grove, GA cost?
Median Sold Price
$274,900
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,900(+3.7%)
Key Takeaway
Homes in Oak Grove have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Oak Grove was $274,900 in October 2024, up 3.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $178.2K | +42.6% |
| 3 Bedrooms | $242.4K | $272.4K | +12.4% |
| 4 Bedrooms | $385.9K | $396.9K | +2.9% |
| 5+ Bedrooms | $320K | - | N/A |
Summary: Oak Grove 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 increased by 42.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Point | $194K | $226K | +16.5% |
| Oak Grove | $265K | $274.9K | +3.7% |
| Pine Mountain | $320K | $300K | -6.3% |
Housing Supply in Oak Grove, GA
How many homes are available in Oak Grove, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Summary: The Oak Grove real estate market had 14 homes for sale in October 2024, a 100.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Grove, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Oak Grove in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Oak Grove, GA
How long does it take to sell a home in Oak Grove, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 159 Days | +501.9% |
Summary: Homes in Oak Grove had an average of 159 days on market in Oct 2024, up by 501.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Oak Grove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Oak Grove; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
