$4,334 Closing Credit*
$365,000
2,332 SqFt
3 Beds
•2 Full Baths
Mark Spain, Listing Office: Mark Spain Real Estate
Is Oglethorpe County, 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, Oglethorpe County has remained a Seller's Market.
Key Takeaway
Oglethorpe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oglethorpe County, GA
How much do homes in Oglethorpe County, GA cost?
Median Sold Price
$290,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,900(-3.3%)
Key Takeaway
Homes in Oglethorpe County have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Oglethorpe County was $290,000 in November 2024, down 3.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $150K | -52.4% |
| 2 Bedrooms | $191K | $250K | +30.9% |
| 3 Bedrooms | $280K | $285K | +1.8% |
| 4 Bedrooms | $349.9K | $381K | +8.9% |
| 5+ Bedrooms | $305K | $560K | +83.6% |
Summary: Oglethorpe County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.4%, 2 bedroom homes increased by 30.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 83.6%.
Median Sold Price Compared To Nearby Counties
| Wilkes County | $147K | $212.5K | +44.6% |
| Elbert County | $178K | $203.5K | +14.3% |
| Madison County | $293.3K | $320K | +9.1% |
| Clarke County | $337.3K | $349.9K | +3.8% |
| Oglethorpe County | $299.9K | $290K | -3.3% |
Housing Supply in Oglethorpe County, GA
How many homes are available in Oglethorpe County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Summary: The Oglethorpe County real estate market had 54 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 33 | 31 | -6.1% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Oglethorpe County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oglethorpe County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Oglethorpe County in November 2024, up by 62.5% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% were sold over asking.
Days on Market for Oglethorpe County, GA
How long does it take to sell a home in Oglethorpe County, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 104 Days | +61.3% |
Summary: Homes in Oglethorpe County had an average of 104 days on market in Nov 2024, up by 61.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Oglethorpe County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 13 homes were sold in Oglethorpe County; 8% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 69% of homes were sold over 90 days.
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