Oakwood, GA housing market
The typical Oakwood home is worth about $319,000, down 2% in a year, close to the Georgia typical home. Homes typically sell in 132 days, close to asking.
Home values, sales, trends and how Oakwood compares with the towns next door — updated as new data is published.
Oakwood at a glance
A buyer's market
More homes are for sale than are selling — about 8 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Oakwood | Georgia |
|---|---|---|
| 2017 | $163,000 | $172,000 |
| 2018 | $174,000 | $186,000 |
| 2019 | $188,000 | $202,000 |
| 2020 | $199,000 | $215,000 |
| 2021 | $223,000 | $240,000 |
| 2022 | $272,000 | $292,000 |
| 2023 | $308,000 | $323,000 |
| 2024 | $323,000 | $334,000 |
| 2025 | $331,000 | $339,000 |
| 2026 | $324,000 | $332,000 |
| August 2026 | $319,000 | $331,000 |
220 new homes permitted in 2025
Builders were permitted 220 new homes in Oakwood in 2025: 139 single-family houses and 81 in buildings with two or more homes, worth about $46.4 million to build. That's 38 per 1,000 residents, faster than across Georgia (6). Over the past 10 years, Oakwood has permitted 1,593 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Oakwood gained 852 residents while 160 new homes were permitted: about 5.3 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Georgia: 2.6 new residents per new home.
How Oakwood ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 92 | 48 | 44 | $20.1 million |
| 2025 | 220 | 139 | 81 | $46.4 million |
| 2024 | 256 | 50 | 206 | $50.6 million |
| 2023 | 179 | 91 | 88 | $19.3 million |
| 2022 | 221 | 162 | 59 | $47 million |
| 2021 | 301 | 90 | 211 | $46.6 million |
| 2020 | 268 | 154 | 114 | $51.1 million |
| 2019 | 95 | 45 | 50 | $11.9 million |
| 2018 | 21 | 0 | 21 | $2.2 million |
| 2017 | 17 | 0 | 17 | $1.8 million |
| 2016 | 15 | 0 | 15 | $1.6 million |
| 2015 | 12 | 0 | 12 | $1.3 million |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 320 | 1 | 319 | $13.7 million |
| 2007 | 26 | 0 | 26 | $2.5 million |
| 2006 | 32 | 1 | 31 | $3.2 million |
| 2005 | 60 | 60 | 0 | $4.4 million |
| 2004 | 56 | 56 | 0 | $3.6 million |
| 2003 | 36 | 36 | 0 | $2.1 million |
| 2002 | 68 | 0 | 68 | $1 million |
| 2001 | 81 | 81 | 0 | $2.5 million |
| 2000 | 10 | 1 | 9 | $571,000 |
Oakwood's permit office reported 6 of 12 months in 2025; the Census estimated the rest.
How Oakwood ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Oakwood and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Oakwood | $319K | −2% | $1,660 | 220 | $67,917 |
| Gainesville | $371K | −1% | $1,490 | 413 | $66,974 |
| Flowery Branch | $422K | −1.8% | $1,840 | 179 | $103,942 |
4.7 years of income
The typical Oakwood home costs about 4.7 years of the town's median household income, more than across Georgia (4.3 years).
How Oakwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,660
HUD's Fair Market Rent for a two-bedroom in Oakwood is $1,660 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oakwood pay a median of $1,560. A two-bedroom takes about 29% of the town's median household income.
Studio $1,290 · 4 bedrooms $2,340
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30504, 30507, 30542, 30566; Gainesville, GA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.