Is Oglethorpe County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oglethorpe County has remained a Seller's Market.
Housing Prices in Oglethorpe County, GA
How much do homes in Oglethorpe County, GA cost?
Median Sold Price
$279,990
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oglethorpe County was $279,990 in April 2024, down 0.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $315K | +65.8% |
2 Bedrooms | $185K | $220K | +18.9% |
3 Bedrooms | $275.4K | $275K | -0.2% |
4 Bedrooms | $349.9K | $322.5K | -7.8% |
5+ Bedrooms | $320K | $310K | -3.1% |
Summary: Oglethorpe County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.8%, 2 bedroom homes increased by 18.9%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Counties
Wilkes County | $160K | $175K | +9.4% |
Elbert County | $165K | $179.9K | +9.1% |
Clarke County | $321.1K | $345K | +7.4% |
Madison County | $289.9K | $300K | +3.5% |
Oglethorpe County | $282K | $279.9K | -0.7% |
Housing Supply in Oglethorpe County, GA
How many homes are available in Oglethorpe County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 40 | +8.1% |
Summary: The Oglethorpe County real estate market had 40 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Oglethorpe County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 12 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Oglethorpe County in April 2024, up by 300.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 42 Days | -59.3% |
Summary: Homes in Oglethorpe County had an average of 42 days on market in Apr 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Oglethorpe County; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.