Why Live in Oakwood
Oakwood, Georgia, is a growing community located just south of Gainesville, with a population increase of over 2,000 residents since 2020. The area is known for its mix of 20th-century ranch-style homes and contemporary colonials, with new housing developments continuing to emerge. Homes range from older ranch-style properties to newly constructed townhomes and lakeside residences with deepwater docks. Oakwood is conveniently situated 50 minutes from both downtown Atlanta and the north Georgia mountains, making it a central location for commuters. The Hall County Schools serve the community, with highly rated institutions such as West Hall Middle School and West Hall High School. A new facility, Everwood Elementary School, is set to open in the fall of 2025. Oakwood offers various attractions, including Alberta-Banks Park, which features pickleball, softball, and tennis courts, and Lake Lanier, which provides opportunities for boating, fishing, and waterfront activities. Highway 53, also known as Mundy Mill Road, is a bustling area with ample shopping and dining options, including big-box stores, chain restaurants, and locally owned eateries like Loretta's Country Kitchen and Big Burritos Mexican Grill. Oakwood is a car-dependent community with direct access to Interstate 985, facilitating travel to Atlanta, Gainesville, and the Northeast Georgia Medical Center. Hartsfield-Jackson Atlanta International Airport is 55 miles away, offering convenient access for international flights.
Frequently Asked Questions
What is the average home price in Oakwood, GA?
Homes for sale in Oakwood, GA have an average home price of $417,063.
How many homes have sold over the last 12 months in Oakwood, GA?
203 homes have sold in Oakwood, GA over the last 12 months.
Is Oakwood, GA a safe city?
In general, the safest neighborhood in Oakwood, GA with lower crime scores is
Royal Lakes.
What are the most popular zip codes in Oakwood, GA?
What are the most popular neighborhoods in Oakwood, GA?
The most popular neighborhood in Oakwood, GA with the most homes for sale is
Royal Lakes.
How much do you need to make to afford a house in Oakwood?
The median home price in Oakwood is $357,900. If you put a 20% down payment of $71,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $80K a year to afford the median home price in Oakwood.
How are the schools in Oakwood, GA?
Home Trends in Oakwood, GA
On average, homes in Oakwood, GA sell after 40 days on the market compared to the national average of 70 days. The median sale price for homes in Oakwood, GA over the last 12 months is $355,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$355,000
Median Single Family Sale Price
$459,900
Median Townhouse Sale Price
$348,000
Median 2 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
15
Last 12 months Home Sales
203
Median List Price
$357,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%