Oakwood, GA—30566
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakwood, GA
As of Oct '25, the median home price in Oakwood, GA is $320,000, with a year-over-year change of -1.9%. This indicates that home prices in Oakwood, GA are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | -1.9% |
| Single Family | $323,000 | -2.4% |
| Condos | $247,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $256,000 | -3.4% |
3 Bed | $312,000 | -1.3% |
4 Bed | $383,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakwood, GA
As of July '25, Rentcast reports the average rent in Oakwood, GA is $1,860, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Oakwood, GA is studios: $1,220, 1-bedrooms: $1,180, 2-bedrooms: $1,530, 3-bedrooms: $1,950, 4-bedrooms: $2,170. The most common rental property sizes in Oakwood, GA are 2-bedroom and 3-bedroom, accounting for 59.6% and 21.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,860 |
| Studio Rent | $1,220 | $1,220 |
| 1 Bed Rent | $1,250 | $1,180 |
| 2 Bed Rent | $1,550 | $1,530 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | $2,150 | $2,170 |
% of Rental Stock
Property Listings — Oakwood, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakwood, GA is 41. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | -2.0% |
Listing Count | 77 | 17.0% |
| Listings as % of Homes | 1.4% | 17.0% |
Days on Market | 41 | 14.0% |
Demographics — Oakwood, GA
As of the latest ACS Survey released in 2023, Oakwood, GA has a population of 9,170, which has increased by 18.5% over the past 5 years. Oakwood, GA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,170 | 18.5% |
% Under 18 | 24.1% | -10.4% |
% Seniors | 12.8% | 4.1% |
% WFH | 10.0% | 455.6% |
% w/ College Degree | 23.1% | 6.5% |
As of the latest ACS Survey released in 2023, Oakwood, GA is a predominantly white area, with 55.3% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Oakwood, GA is hispanic, making up 31.2% of the population. Foreign-born residents account for 21.9% of the population in Oakwood, GA, and this percentage has increased by 48.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.3% | -6.0% |
% Black | 7.1% | -18.4% |
% Hispanic | 31.2% | 12.2% |
% Asian | 3.0% | 233.3% |
% Foreign Born | 21.9% | 48.0% |
Mortgage and Risk — Oakwood, GA
According to HUD data as of 2023, there were 355 mortgage originations in Oakwood, GA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Oakwood, GA. Investor activity is low, as 9.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 355 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Oakwood, GA
As of 2024, the percent of homes in Oakwood, GA under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Oakwood, GA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,250 | $1,420 |
| 2 Bedroom | $20 | $1,550 | $1,570 |
| 3 Bedroom | -$60 | $1,950 | $1,890 |
| 4 Bedroom | -$20 | $2,150 | $2,130 |
Affordability — Oakwood, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $320,000 |
| Median Household Income | $61,500 |