Fort Oglethorpe, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Fort Oglethorpe Neighborhoods Since 2000




Fort Oglethorpe, GA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fort Oglethorpe Housing Market Information

With a population of 9,803, 3,767 total housing units (homes and apartments), and a median house value of $110,790, house prices in Fort Oglethorpe are solidly below the national average.

Single-family detached homes are the single most common housing type in Fort Oglethorpe, accounting for 54.20% of the city's housing units. Other types of housing that are prevalent in Fort Oglethorpe include large apartment complexes or high rise apartments ( 19.82%), duplexes, homes converted to apartments or other small apartment buildings ( 15.81%), and a few row houses and other attached homes ( 9.47%).

People in Fort Oglethorpe primarily live in small (one, two or no bedroom) single-family detached homes. Fort Oglethorpe has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Fort Oglethorpe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fort Oglethorpe built between 1940-1969 ( 31.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 24.19%). There's also some housing in Fort Oglethorpe built before 1939 ( 3.91%).

Fort Oglethorpe Home Appreciation Rates

Fort Oglethorpe's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Oglethorpe during the period has been just -0.97%, which is lower than 70% of US communities.

Over the last year, Fort Oglethorpe appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Oglethorpe's appreciation rate has been -1.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Oglethorpe were at 1.00%, which equates to an annual appreciation rate of 4.07%.

Relative to Georgia, our data show that Fort Oglethorpe's latest annual appreciation rate is lower than 90% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$110,790

Fort Oglethorpe, GA HOME PRICES

Value Range
> $987,000 0.0
$741,001 - $987,000 0.0
$493,001 - $741,000 0.0
$395,001 - $493,000 0.0
$296,001 - $395,000 1.6
$197,001 - $296,000 6.5
$99,001 - $197,000 46.5
$49,001 - $99,000 36.7
$0 - $49,000 8.7

Average for GA
Low for Nation

Value Relative to Nation Value Relative to State
70.8806984647838 58.3509513742072

Number Of Homes And Apartments:
3,767

Fort Oglethorpe Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
17.69% 0.95% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$841 / per month

Homeownership Rate

Homeownership
Owners 56.77
Renters 43.23
Vacant 8.52

Housing Market Details

 

Age of Homes

AGE OF Fort Oglethorpe HOMES
2000 or Newer 24.2
1970 - 1999 40.1
1940 - 1969 31.8
1939 or Older 3.9

Types of Homes

TYPE OF Fort Oglethorpe HOMES
Single-Family 54.2
Townhomes 9.5
Small Apt. Buildings 15.8
Apt. Complexes 19.8
Mobile Homes 0.7
Other 0.0

Home Size

SIZE OF Fort Oglethorpe HOMES
No Bedroom 3.42
1 Bedroom 11.95
2 Bedrooms 34.26
3 Bedrooms 39.87
4 Bedrooms 9.71
5 or more bedrooms 0.78