FMLS Residential · city

Oakwood

Closed sales series. Latest median $314,900 (+2.4% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 50 active · 2 under contract · 9 pending. Total residential listings by status: 61.

Data confidence: High. 111 closings in the last 12 months. Enough closings to read a trend.

Latest median$314,900+2.4% YoY
Months of supply7.1Buyer-leaning · 5.4 on 9/mo trailing-12
$/SF$170-16.2% YoY
DOM12-55.6% YoY
Sale/list97.9%57.1% below

Thin market: only 7 closings last month. Medians here move more than in larger cities. Confirm with the parent city or county before you price or offer.

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-20.3%$314,900 vs $395,000 FMLS-wide
$/SF-8.8%$170 vs $187 FMLS-wide
DOM-64%12 days vs 33 FMLS-wide
Sale/list-0.9 pts97.9% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

70
Buyer window

3-month volume-weighted median $310,721 (-2.5% vs same 3 months last year) on 24 closings. Latest month is $314,900. Confidence: Low (24 closings in 3 months).

3-month $/SF is down 11.7% versus the same 3 months last year.

Months of supply80
7.1 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price50
-2.5% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed88
1.71 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)86
0.17 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced73
43% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend20
-10.3% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

7.1 months of supply on last month’s pace (50 active ÷ 7 closings). 5.4 months on the trailing-12 pace (average 9 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 57.1% of last month’s closings were below list. Days on market are down 56% from a year ago.

Homes for sale in Oakwood, GA →

How homes actually closed

Based on 7 closings. One sale moves these percentages by 14 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list42.9%Within 1% of list
Below list57.1%More than 1% under list
Price reduced42.9%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.179 pending ÷ 52 (active + under contract)
New / closed1.7112 listed in 30 days vs 7 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Oakwood

High confidence. 111 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $314,900. Price your home off the neighborhood or school zone, then check that it still makes sense against this number.
  • 7.1 months of supply. Median days on market 12. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school zone, not the citywide median. Homes for sale in Oakwood, GA →

What this means if you are listing in Oakwood

  • Price to the closed median and $/SF here ($314,900, $170), not the FMLS-wide number. This market is below the FMLS footprint by 20.3% on median.
  • With 7.1 months of supply, expect about 12 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 57.1% of recent closings were below list and 42.9% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Oakwood, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 42.9% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 20%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k1727.9%
$300–500k3659.0%
$500–750k34.9%
$750k–1M23.3%
$1M+34.9%

Property types

TypeListedMedian ask
Single Family Residence33$399,850
Townhouse24$302,500
Condominium4$301,000

50 active, 2 under contract, 9 pending. 12 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20267$314,900$1701297.9%57.1%42.9%
Aug 20267$329,000$1753199.7%28.6%71.4%
Jul 202610$295,000$18140100.0%40.0%40.0%
Jun 20269$435,000$2143598.3%55.6%33.3%
May 202611$315,000$1804798.6%54.5%54.5%
Apr 202611$315,900$18511100.0%27.3%9.1%
Mar 202613$295,000$1821498.3%61.5%23.1%
Feb 20266$317,000$1914697.3%83.3%50.0%
Jan 20265$284,900$1861398.4%60.0%20.0%
Dec 202510$296,750$1875496.5%60.0%50.0%
Nov 20259$268,300$1871697.6%55.6%33.3%
Oct 202513$325,000$1873697.4%61.5%53.8%
Sep 202514$307,400$2032798.5%50.0%50.0%
Aug 20257$327,500$2201898.5%71.4%28.6%
Jul 20258$331,000$1753098.0%62.5%25.0%
Jun 202510$316,500$2201899.3%50.0%30.0%
May 20257$290,000$19718100.7%28.6%28.6%
Apr 202514$301,000$1991399.5%42.9%21.4%
Mar 202519$298,500$20758100.0%31.6%47.4%
Feb 20259$302,900$18924100.0%44.4%33.3%
Jan 20256$312,450$167121100.0%33.3%50.0%
Dec 202412$310,950$1715398.1%66.7%58.3%
Nov 202410$305,250$1871499.4%50.0%20.0%
Oct 202416$330,000$1884199.3%43.8%56.3%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale in Oakwood, GA → · ← FMLS report