Oglethorpe County, Georgia Housing Market

In Oglethorpe County, Georgia, the median home value is $231,600, with a median monthly rent of $913. This places Oglethorpe County at #1063 nationally out of 3134 counties by median home value, and #49 within Georgia.

Median Home Value $231,600
Median Rent $913/mo
Owner Occupancy 83.8%
Price/Rent Ratio 21.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Oglethorpe County fell -0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,350
jobs (private sector)
  • Avg weekly wage: $921
  • Establishments: 240
  • BLS QCEW, 2025
🏗️

Housing Supply

80
new units authorized (2025)
  • Single-family: 80
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+403
net migration (filers, 2021-2022)
  • Inflow: 5,824 (avg $60,078)
  • Outflow: 5,421 (avg $59,884)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Oglethorpe County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30648 314.2 +3.45% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Oglethorpe County Compares

MetricOglethorpe CountyGeorgia AverageU.S. Average
Median Home Value $231,600 $197,932 $227,706
Median Gross Rent $913 $965 $968
Owner Occupancy Rate 83.8% 70.6% 73.3%
Price/Rent Ratio 21.1 16.6 18.7

Market Analysis

The median home value in Oglethorpe County is 17.0% above the Georgia state average and 1.7% above the U.S. national average. The median rent of $913/month is 5.4% below the state average.

With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Oglethorpe County has an owner-occupancy rate of 83.8%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Craven County North Carolina $231,600 $1,110
King and Queen County Virginia $231,600 $1,004
Rock County Wisconsin $231,600 $1,037
Deer Lodge County Montana $231,700 $696
Perquimans County North Carolina $231,700 $1,008

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Lee County $231,800 $1,184 74.2%
Spalding County $228,700 $1,113 62.7%
Haralson County $227,500 $923 71.6%
Habersham County $238,300 $974 72.8%
Gordon County $222,900 $937 73.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).