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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 10,537, 4,751 total housing units (homes and apartments), and a median house value of $214,798, 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 42.48% of the city's housing units. Other types of housing that are prevalent in Fort Oglethorpe include duplexes, homes converted to apartments or other small apartment buildings ( 26.71%), large apartment complexes or high rise apartments ( 19.96%), and a few row houses and other attached homes ( 10.58%).
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.
Fort Oglethorpe homes and real estate are some of the newest in America. 40.28% of Fort Oglethorpe's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort Oglethorpe real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.44%), and between 1940-1969 ( 20.87%). There's also some housing in Fort Oglethorpe built before 1939 ( 6.41%).
In the last 10 years, Fort Oglethorpe has experienced some of the highest home appreciation rates of any community in the nation. Fort Oglethorpe real estate appreciated 127.40% over the last ten years, which is an average annual home appreciation rate of 8.56%, putting Fort Oglethorpe in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort Oglethorpe definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Fort Oglethorpe that despite a nationwide downturn in the housing market, Fort Oglethorpe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fort Oglethorpe appreciation rates continue to be some of the highest in America, at 10.07%, which is higher than appreciation rates in 87.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fort Oglethorpe. Fort Oglethorpe appreciation rates in the latest quarter were at 0.83%, which equates to an annual appreciation rate of 3.38%.
Relative to Georgia, our data show that Fort Oglethorpe's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.
$214,798
for Georgia
for nation
4,751
$1,638 / per month