Oakland, NJ is a great place to live and invest in real estate. The median value of houses in Oakland is currently $584,300, which is significantly higher than the US median of $338,100. Over the past year, the value of homes in Oakland have appreciated by 7.56%, which is slightly lower than the national average of 8.27%. Investing in real estate in Oakland could be a great opportunity for those looking to make a good return on their investment.
The median home cost in Oakland is $584,300. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Oakland is up 12.7%.
Average Age of Homes
- The median age of Oakland real estate is 57 years old
The Rental Market in Oakland
- Renters make up 6.8% of the Oakland population
- 0.6% of houses and apartments in Oakland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.