Commercial Real Estate Market in Oakwood, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 298 off-market properties in Oakwood, GA.
Market Trends
Oakwood, GA spans 8.0 square miles in Hall County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oakwood, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Oakwood, GA asks $261/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oakwood, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Oakwood, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 35.2%
- Residential 33.1%
- Commercial 27.6%
- Agricultural 3.4%
- Civic 0%
Largest Zones share of zoned land by district
Highway Business District
Light Industrial District
Heavy Industrial District
Single Family Residential District
Multiple Family Residential District
Oakwood, GA zones 3,782 acres across 18 districts. Commercial zoning covers 27.6% of zoned land, residential 33.1% and industrial 35.2%. The largest single district is Highway Business District at 24.4%. For commercial buyers the practical constraint is that only 62.8% of land carries a commercial or industrial designation.
Highway Business District (C-2)
The C-2 Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a community level rather than neighborhood level, including the retailing of major goods and services of large scale, automotive and other types of more intensive commercial activities and establishments that rely on high…
Market overview
Demographics & Economy
Oakwood, GA has 8,660 residents in 3,827 households. Density runs 1,076 people per square mile. Median household income here is $61,524 and median gross rent $1,240 a month.
8,660
Population
3,827
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
78%
High-School Grad
8 sq mi
ZIP Area
1,076
Density / Sq Mi
$61,524
Median Household Income
$37,456
Median Earnings
$1,240
Median Rent
$267,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chestnut Mountain | — | — |
| Westside | — | — |
| Flowery Branch | — | $9.94 |
| Gainesville | — | $32.58 |
Frequently Asked Questions
What zoning applies to commercial property in Oakwood?
Oakwood, GA zones 3,782 acres across 18 districts, of which 27.6% is commercial and 35.2% industrial. The largest single district is Highway Business District at 24.4% of zoned land. The C-2 Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a community level rather than neighborhood level, including the retailing of major goods and services of large scale, automotive and other types of more intensive commercial activities and establishments that rely on high… Residential zoning covers 33.1% and open space 0%.
Where does Realmo's Oakwood market data come from?
Realmo compiles Oakwood, GA figures from 6 recent recorded sales, 30 active sale listings, 8 active lease listings, 298 tracked off-market properties, the current Oakwood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 8 active for-lease listings in Oakwood, GA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,782 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
