Why Live in Oakwood
Oakwood, located just south of Gainesville, has seen significant growth with over 2,000 new residents since 2020. The neighborhood features a mix of 20th-century ranch-style homes and contemporary colonials, with new housing developments continuing to emerge. Homes range from 1,000 to 1,750 square feet for older ranch styles, while newer constructions are larger and more modern. Oakwood is conveniently situated 50 minutes from both downtown Atlanta and the north Georgia mountains, making it a central location for commuters. The area is served by Hall County Schools, which are highly rated overall. A new facility, Everwood Elementary School, is set to open in fall 2025, replacing the current Oakwood Elementary School. The community also hosts the University of North Georgia Gainesville Campus. Recreational opportunities abound with Lake Lanier offering parks, boat ramps, and trails. Alberta-Banks Park, about 4 miles south, is popular for its pickleball, softball, and tennis facilities. Highway 53, or Mundy Mill Road, provides access to ample shopping and dining options, including big-box stores and local eateries like Loretta's Country Kitchen and Big Burritos Mexican Grill. Oakwood is car-dependent, with Interstate 985 providing direct routes to Atlanta, 47 miles southwest, and Gainesville, 7 miles north. The Northeast Georgia Medical Center is about 8 miles away, and Hartsfield-Jackson Atlanta International Airport is 55 miles distant.
Home Trends in Oakwood, GA
On average, homes in Oakwood, GA sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Oakwood, GA over the last 12 months is $323,900, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$323,900
Median Single Family Sale Price
$365,619
Median Townhouse Sale Price
$324,900
Median 2 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
73
Last 12 months Home Sales
340
Median List Price
$335,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%