Is Oakwood, GA 30566 a buyer’s or seller’s market?
Oakwood is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #248 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Oakwood housing market right now
In the three months ending August 31, 2026, 12% of homes in Oakwood, GA 30566 sold above their list price, the typical home went under contract in 93 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 42 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (26 days then) and the median sale price fell 4% to $328,858. Overall, Oakwood is less competitive than a year ago, which gives buyers more room.
Within Hall County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 78%. On our competition score, Oakwood ranks #248 of 371 GA ZIP codes with enough sales (score 26 out of 100).
Nearby, Gainesville 30507 (17% sold over asking) and Clermont 30527 (17% sold over asking) are even more competitive.
Run the numbers for 30566
Nearby markets
Clermont 30527Seller’s market $185 /sq ftFlowery Branch 30542Balanced $184 /sq ftGainesville 30501Balanced $189 /sq ftGainesville 30504Balanced $194 /sq ft Browse all markets →Towns like Oakwood nearby
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Questions about Oakwood real estate
Is Oakwood a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Oakwood, GA 30566 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oakwood?
The typical home went under contract in 93 days in the latest three months.
Do homes in Oakwood sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Oakwood?
About 0.73% of a home’s value a year in Hall County, or roughly $2,920 on a $400,000 home.
What is the median home price in Oakwood?
The median sale price was $328,858 in the three months ending August 31, 2026, about $186 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology