$3,918 Closing Credit*
$329,900
1,760 SqFt
3 Beds
•2 Full Baths, 1 Partial
Vivian Zhang, Listing Office: Keller Williams Rlty.North Atl
Is Oakwood, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Oakwood was a Seller's Market.
Key Takeaway
Oakwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oakwood, GA
How much do homes in Oakwood, GA cost?
Median Sold Price
$335,801
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$25,801(+8.3%)
Key Takeaway
Homes in Oakwood have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Oakwood was $335,801 in September 2024, up 8.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $260K | +2.0% |
| 3 Bedrooms | $313.4K | $321.9K | +2.7% |
| 4 Bedrooms | $339.4K | $380K | +11.9% |
| 5+ Bedrooms | $650K | $400.7K | -38.3% |
Summary: Oakwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 38.3%.
Median Sold Price Compared To Nearby Cities
| Oakwood | $310K | $335.8K | +8.3% |
| Gainesville | $382.9K | $399.9K | +4.4% |
| Flowery Branch | $428K | $430K | 0.5% |
Housing Supply in Oakwood, GA
How many homes are available in Oakwood, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 68 | 76 | +11.8% |
Summary: The Oakwood real estate market had 76 homes for sale in September 2024, a 11.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 38 | 36 | -5.3% |
| 4 Bedrooms | 12 | 19 | +58.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Oakwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 6 | -66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakwood, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Oakwood in September 2024, down by 66.7% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Oakwood, GA
How long does it take to sell a home in Oakwood, GA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 16 Days | 57 Days | +248.5% |
Summary: Homes in Oakwood had an average of 57 days on market in Sep 2024, up by 248.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oakwood are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Oakwood; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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.