Oakland, TN is an attractive area for those looking to invest in real estate. The median value of homes in Oakland is $321,100, which is lower than the US median house value of $338,100. In the last year, the US house appreciation rate rose by 8.27%, while in Oakland it was 15.27%. This is a significant increase and indicates that investing in Oakland could be a smart move and beneficial for prospective buyers.
The median home cost in Oakland is $321,100. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Oakland is up 20.2%.
Average Age of Homes
- The median age of Oakland real estate is 13 years old
The Rental Market in Oakland
- Renters make up 10.7% of the Oakland population
- 0.0% 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.