The housing market in Oakland, FL is thriving. The median value for homes in Oakland is $500,100, nearly 50% higher than the US median value of $338,100. Over the past year, the US housing appreciation rate was 8.27%, however the appreciation rate in Oakland was 24.20%. This suggests that investing in or buying a home in Oakland could be a savvy financial move as it looks to appreciate at a faster rate than the national average.
The median home cost in Oakland is $500,100. Home appreciation the last 10 years has been 209.1%. Home Appreciation in Oakland is up 29.6%.
Average Age of Homes
- The median age of Oakland real estate is 14 years old
The Rental Market in Oakland
- Renters make up 18.3% 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.